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Author Question: The use of commodity money a. has a high opportunity cost. b. does not provide an adequate unit of ... (Read 52 times)

ss2343

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on: Jun 30, 2018
The use of commodity money
 a. has a high opportunity cost.
  b. does not provide an adequate unit of account.
  c. creates a mutual coincidence of wants problem.
  d. creates inflation.
  e. All of the above.

Question 2

The Contract Labor Law, which was passed in 1864 and repealed in 1868,
 a. authorized labor contracts made abroad between American companies and foreign workers.
  b. resulted in a large increase in European immigration to the U.S.
  c. was supported by American wage earners.
  d. authorized workers to strike and engage in collective bargaining.


pami445

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a. has a high opportunity cost.

Answer to Question 2

a. authorized labor contracts made abroad between American companies and foreign workers.


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