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Author Question: In the United States today, the U.S. dollar is backed by A) silver. B) U.S. Treasury securities. ... (Read 125 times)

cartlidgeashley

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on: Jun 29, 2018
In the United States today, the U.S. dollar is backed by
 
  A) silver. B) U.S. Treasury securities.
  C) gold. D) none of the above

Question 2

An increase in the equilibrium price for a product will result
 
  A) when there is an increase in demand and an increase in the number of firms producing the product.
  B) when there is a decrease in supply and a decrease in demand for the product.
  C) when there is a decrease in supply and an increase in demand for the product.
  D) when the quantity of the product demanded exceeds the quantity supplied.


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perkiness

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


cartlidgeashley

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

Zebsrer

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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