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

Author Question: Scarcity and durability characterize the property of money as a medium of exchange. a. True b. ... (Read 36 times)

Mr3Hunna

  • Hero Member
  • *****
  • Posts: 536
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jonathanballen97

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

False

Answer to Question 2

c




Mr3Hunna

  • Member
  • Posts: 536
Reply 2 on: Jun 30, 2018
Gracias!


ghepp

  • Member
  • Posts: 361
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

For a complete list of videos, visit our video library