The double coincidence of wants problem is solved by
A) credit markets.
B) government intervention.
C) the use of money.
D) specialization.
C
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If the MB of polluting decreased, then what would happen to the optimal level of pollution?
A. Decrease B. Unsure C. Increase D. Stay the same
Which of the following is a variable in the equation of exchange?
A) real GDP. B) the velocity of money. C) the money supply. D) the price level. E) all of the above.
Since 1960, South Korea and Singapore enjoyed an average per-capita growth rates ________ the average industrialized world
A) far below B) far above C) about the same D) slightly below E) slightly above
Which of the following is a market transaction?
A. Weather destroys a farmer's crops, leaving the farmer unable to buy groceries. B. A radio station changes its programming from classical to rock. C. A stock increases in value over the 30 years that it is owned. D. A college student purchases a laptop computer.