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Author Question: People hold money as opposed to financial assets because money A) earns interest. B) earns no ... (Read 78 times)

Davideckstein7

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on: Jun 29, 2018
People hold money as opposed to financial assets because money
 
  A) earns interest. B) earns no interest.
  C) is perfectly liquid. D) earns a higher return than other financial assets.

Question 2

Refer to Figure 7-1. Under autarky, the producer surplus is area
 
  A) S + T + V + W + X. B) T + W + X. C) V. D) S + V.


Ahernandez18

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

C

Answer to Question 2

D


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