When parents save money to pay for their children's future college education, they are using money as a ________ of value.
A. medium
B. store
C. stock
D. standard
Answer: B
You might also like to view...
Good governance is:
A. important to economic growth, but not to economic development. B. important to both economic growth and development. C. important to economic development, but not to economic growth. D. not important to either economic growth or development.
A tax is progressive if it takes a
A. Smaller fraction of income as income falls. B. Larger number of dollars as income falls. C. Smaller fraction of income as income rises. D. Smaller number of dollars as income rises.
The law of diminishing marginal product holds that as a variable input increases while other inputs are fixed, ______.
a. eventually the fixed inputs will increase at a rate equal to or below the variable increases b. labor demanded will be high at both very low and very high outputs creating a U- shaped curve c. the marginal revenue product will eventually cause the labor demand curve to turn upward d. at some point the increase will lose its effectiveness, and additions to output will decline
Laws requiring the sorting and recycling of trash are an example of
A. Higher user fees. B. Emission charges. C. Process regulation. D. Pollution fines.