Which of the following is not a function of money
(a) A unit of account.
(b) A standard of deferred payment.
(c) A unit of exchange.
(d) A store of value.
Answer: (c) A unit of exchange.
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Relative to a manager of a company owned store, a franchisee is more likely to
a. Work very hard b. Not work as hard c. Work only evenings d. Work only night shifts
Which is most likely to be observed in a community where legal ceilings are imposed on residential rents?
A. Poor people will be able to find adequate housing B. Homeowners will reduce their own use of housing space, making more available to others C. Those whose needs for housing are most urgent will be able to obtain the space they want D. People moving into the community will have difficulty locating residential space to rent
Thermal pollution is brought about by the discharge of
A. Steam or heated water. B. Solid waste. C. Carbon dioxide. D. Sulfur dioxide.
The New York Stock Exchange handles only about 10 percent of all stock market transactions in the United States.
Answer the following statement true (T) or false (F)