Using money as a store of value rather than wheat is:
a. safer
b. less expensive.
c. both safer and less expensive.
d. neither safer nor less expensive.
c
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Which statement is false?
A. Before the Civil War about three quarters of the farms of over 500 acres were located in the South. B. The great abundance of land was the most influential factor in the United States' economic development during the 19th century. C. Although the percentage of Americans living on farms has declined substantially over the last 70 years, the actual number of people living on farms has remained constant. D. None of the statements are false.
The expansionary monetary and fiscal policies of the 1960s resulted in ________ inflation rates and ________ rates of unemployment
A) high; high B) low; high C) high; low D) low; low
A public good is
A. a good deed done by someone who refuses payment. B. something produced and sold by the government, for example, electricity provided by a government authority. C. something whose consumption by one person does not prevent its consumption by other people. D. something that is good for a country, but not necessarily for private individuals.
Refer to the accompanying figure. The absolute value of the slope of the demand curve D1 is ________, and the absolute value of the slope of demand curve D2 is ________.
A. 5/4; 4/5 B. 4/5; 5/4 C. 1/2; 2 D. 2; 1/2