The primary source(s) of price variability is
A. unemployment.
B. supply variability.
C. demand variability.
D. demand and supply variability.
Answer: D
Economics
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Which of the following information about fiat money is false? Fiat money
A) has little to no value except as money. B) serves as a medium of exchange. C) is backed by gold. D) is authorized by a central bank or governmental body.
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To equalize traffic on transportation routes, a pricing arrangement called "peak, off-peak pricing" would most likely be proposed by
a. economists. b. politicians. c. regulators. d. the general public.
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What are some of the demerits of decentralization?
What will be an ideal response?
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Sue is maximizing her utility. Her MUx/Px = 10 and MUy = 40. Then the price of Y must be
A. $1. B. $4. C. $10. D. $40.
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