This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The unit of account function of money: a. means that money should be durable. b. means that money ... (Read 248 times)

Charlie

  • Hero Member
  • *****
  • Posts: 640
on: Jun 30, 2018
The unit of account function of money:
 a. means that money should be durable.
 b. means that money makes price information more accessible.
  c. requires that money be made of something valuable.
 d. means that money can be used to save up purchasing power.
  e. means that money is more easily counted than goods.

Question 2

Which of the following would be illegal under the Robinson-Patman Act?
 a. Ford and General Motors meet to fix the price of cars.
  b. Computer makers form a cartel.
  c. General Mills and Kelloggs decide to merge.
  d. Exxon sells gas at a higher wholesale price to independent gas retailers than to Exxon retailers.
  e. Exxon Oil and Mobil Oil elect the same person to their boards of directors.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kaylee05

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


Charlie

  • Hero Member
  • *****
  • Posts: 640
Reply #2 on: Jun 30, 2018
Correct answers!


kaylee05

  • Sr. Member
  • ****
  • Posts: 318
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Gangrene of the toes and foot as a result of an infection often means eventual amputation. Gangrene of the toes and foot as a result of an infection often means eventual amputation.
Localization of a Peptide The peptide is revealed by means of immunocytochemistry. The photomicrogra Localization of a Peptide The peptide is revealed by means of immunocytochemistry. The photomicrogra
Schematic of the Agitation Laboratory Apparatus CHE 415 Unit Operations II Schematic of the Agitation Laboratory Apparatus CHE 415 Unit Operations II
How to evaluate and sketch a piecewise function (Part 1) How to evaluate and sketch a piecewise function (Part 1)
Histone and pol II CTD modifications as a function of gene position Histone and pol II CTD modifications as a function of gene position
How to vertically stretch and compress the quadratic function How to vertically stretch and compress the quadratic function
Video: Genetics of Cancer

For a complete list of videos, visit our video library