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Author Question: Money will fail to serve as a medium of exchange if it ceases to be a store of value. Indicate ... (Read 22 times)

ENagel

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on: Jun 29, 2018
Money will fail to serve as a medium of exchange if it ceases to be a store of value.
 
  Indicate whether the statement is true or false

Question 2

Refer to Figure 11-4. The movement from E to B to D in the figure above illustrates
 
  A) diminishing returns to capital. B) an improvement in technology.
  C) diminishing returns to labor. D) a decline in capital per worker.


jonathanballen97

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

TRUE

Answer to Question 2

B


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