Which of the following is a component of money?
A) bonds
B) saving
C) income
D) stocks
E) none of the above
E
You might also like to view...
Offshoring required which types of advances?
What will be an ideal response?
Regulations that strictly limit pollution
a. provide firms no incentives to reduce pollution once a standard is met. b. provide incentives for firms to discover loopholes in the regulations. c. tend to be economically inefficient ways to reduce pollution. d. All of the above are true.
The idea that an action should be undertaken if and only if the benefits exceed the costs is known as the concept of
a. economic efficiency. b. public welfare maximization. c. marginal comparative advantage. d. monetary construction of values.
The rate at which a consumer is willing to exchange one good for another while maintaining a constant level of satisfaction is called the
a. relative expenditure ratio. b. value of marginal product. c. marginal rate of substitution. d. relative price ratio.