One principle that nearly all economists agree on when defining money is that it should be
a. spendable.
b. liquid.
c. accepted as payment.
d. easily transferable.
e. All of the above are correct.
e
Economics
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Economic rent is paid only to land, and not to other resources.
Answer the following statement true (T) or false (F)
Economics
How is the unemployment rate calculated? Include in your answer the process by which the U.S. Census Bureau classifies the data it collects in its Current Population Survey
What will be an ideal response?
Economics
Durable and nondurable goods and services lumped together in the expenditure approach to measuring GDP are called:
A. Personal consumption. B. Gross private domestic investment. C. Government spending. D. Inventory.
Economics
What does research thus far suggest about job loss and offshoring?
What will be an ideal response?
Economics