In the past few centuries, choices have led to a substantial decline in the standards of living around the globe.

Answer the following statement true (T) or false (F)


False

Economics

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The Federal Reserve reports that it has coins valued at $10 billion, bank reserves at the Fed of $15 billion, gold valued at $10 billion, Federal Reservesnotes of $400 billion, and U.S. government securities of $300 billion

What is the size of the monetary base?

Economics

How does a mutual fund lower transactions costs through economies of scale?

What will be an ideal response?

Economics

The idea behind clustering is that each part of a network is ___________ productive operating in isolation, so if governments can push each element of the cluster in unison, they should realize ___________ in productivity.

A. far more; huge gains B. far less; huge losses C. far less; huge gains D. far more; huge losses

Economics

Private goods are nonexclusive goods

Indicate whether the statement is true or false

Economics