Legal tender is
A. money that has a value other than as a currency.
B. money that a government has required to be accepted in settlement of debts.
C. money that cannot be counterfeited.
D. money that must be backed by gold.
Answer: B
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Democrats often argue in favor of what to push the economy toward economic recovery, as they did during the recession that began in 2008?
A. Tax cuts B. Increase government spending C. Decrease government spending D. Encourage the public to save more
Stagflation is the simultaneous occurrence of inflation and high unemployment.
Answer the following statement true (T) or false (F)
What are information problems affecting sellers? Give an example that illustrates how these types of problems are resolved
Please provide the best answer for the statement.
The consumption schedule directly relates:
A. consumption to the level of disposable income. B. saving to the level of disposable income. C. disposable income to domestic income. D. consumption to saving.