Author Question: According to the U.S. Treasury, A) creditors do not have to accept cash in payment of debts. B) ... (Read 37 times)

809779 · **on:** Jun 29, 2018

According to the U.S. Treasury,

A) creditors do not have to accept cash in payment of debts.
B) U.S. dollars must be accepted as payment for any good or service sold in the United States.
C) firms do not have to accept cash as payment for goods and services.
D) the government will not accept cash in payment of taxes.

Question 2

According to Joseph Schumpeter, economic growth is achieved through

A) a process termed creative destruction.
B) removing the entrepreneur from the production function.
C) centralizing economic production.
D) focusing only on making old products better rather than inventing new ones.