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Author Question: If the consumption of a good or service by one person does not decrease the quantity available for ... (Read 43 times)

bucstennis@aim.com

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on: Jun 29, 2018
If the consumption of a good or service by one person does not decrease the quantity available for another person, the good or service is
 
  A) nonrival.
  B) nonexcludable.
  C) pure.
  D) free.

Question 2

In the above figure, if the interest rate is 4 percent, people
 
  A) sell bonds so as to convert them into money.
  B) buy bonds so as to have a better store of value.
  C) petition the Fed to tighten the quantity of money.
  D) buy stocks, because stocks are more liquid than currency.


IRincones

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

A

Answer to Question 2

A


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