« previous next »

Author Question: The gold-standard is a system in which: A) gold mining firms own the right to print currency. ... (Read 105 times)

lbcchick

  • Hero Member
  • *****
  • Posts: 550
on: Jun 30, 2018
The gold-standard is a system in which:
 
  A) gold mining firms own the right to print currency.
  B) people use gold as a medium of exchange.
  C) paper currency is backed by gold.
  D) gold is imported into the U.S. in exchange of paper currency.

Question 2

The number of computers produced per day in Domium is 1,000 more than the number of computers produced in Chromium. Domium and Chromium have the same number or workers and have the same opportunity costs for producing computers.
 
  Which of the following statements is true?
  A) Domium has an absolute advantage in producing computers.
  B) Chromium has an absolute advantage in producing computers.
  C) Chromium has a comparative advantage in producing computers.
  D) Domium has a comparative advantage in producing computers.


IRincones

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

The human body produces and destroys 15 million blood cells every second.

A model genetic system, the fern Ceratopteris richardii A model genetic system, the fern Ceratopteris richardii
Urinalysis. During a simple urinalysis, a stick with colored blocks is dipped into a urine specimen. Urinalysis. During a simple urinalysis, a stick with colored blocks is dipped into a urine specimen.
Procedures and Diagnostic Tests Related to the Integumentary System Procedures and Diagnostic Tests Related to the Integumentary System
The location of the major limbic system structures. In general, they are arrayed near the midline in ... The location of the major limbic system structures. In general, they are arrayed near the midline in ...
Function divisions of nervous system Function divisions of nervous system
Respiratory system Respiratory system
Video: System organization - PPM system types (Somatic, Autonomic & Enteric) and Reflex arc types

For a complete list of videos, visit our video library