Author Question: Traditional bank notes promised to pay the bearer a specific quantity of A) cigarettes. B) ... (Read 171 times)

mrsjacobs44 · **on:** Jun 29, 2018

Traditional bank notes promised to pay the bearer a specific quantity of

A) cigarettes.
B) consumer goods and services.
C) metallic money.
D) durable goods.
E) interest.

Question 2

In the figure above, point A is undesirable because

A) there is an inefficient use of resources.
B) too much health care is being produced.
C) the opportunity costs of health care is too high.
D) point E is a more realistic option in this economy.