This topic contains a solution. Click here to go to the answer

Author Question: In an economy with ________, there are more prices than in an economy with ________. A) barter; ... (Read 46 times)

mpobi80

  • Hero Member
  • *****
  • Posts: 519
In an economy with ________, there are more prices than in an economy with ________.
 
  A) barter; money B) fiat money; commodity money
  C) fiat money; barter D) money; barter

Question 2

Refer to Figure 3-5. At a price of 0,
 
  A) there is a shortage of 0 units. B) there is a surplus of 8 units.
  C) there is a surplus of 0 units. D) there is a shortage of 8 units.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bblaney

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

A

Answer to Question 2

D




mpobi80

  • Member
  • Posts: 519
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


Viet Thy

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

For a complete list of videos, visit our video library