All of the following are examples of electronic funds EXCEPT
A) credit cards.
B) debit cards.
C) stored value cards.
D) e-cash.
A
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When the market price is below the equilibrium price, suppliers are unable to sell all they want to sell
a. True b. False Indicate whether the statement is true or false
Which of the following products would be considered scarce?
a. bread b. baseballs autographed by Babe Ruth c. motorcycles d. All of the above are correct.
What are the limitations to government’s role in the economy?
Please provide the best answer for the statement.
The term prisoners' dilemma
a. refers only to situations where prisoners' must confess on one another. b. is in agreement with Adam Smith's invisible hand idea. c. represents situations where people do not act in their own self interest. d. can be applied to show why cartels are difficult to maintain.