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Author Question: Scarcity and durability characterize the property of money as a medium of exchange. a. True b. ... (Read 68 times)

Mr3Hunna

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on: Jun 30, 2018
Scarcity and durability characterize the property of money as a medium of exchange.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following would most likely increase the price of chicken, a normal good?
 a. a reduction in the price of grains used to produce chicken feed
 b. a reduction in the price of beef, a substitute for chicken
 c. unusually hot weather that kills millions of chickens before they are ready for market
  d. a decrease in consumer income


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jonathanballen97

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

c


Mr3Hunna

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

xthemafja

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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