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 101 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
:D TYSM


patma1981

  • Member
  • Posts: 292
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

For a complete list of videos, visit our video library