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Author Question: Some early forms of money, like commodity money, did not survive because A) they were outlawed. ... (Read 62 times)

serike

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on: Jun 30, 2018
Some early forms of money, like commodity money, did not survive because
 
  A) they were outlawed.
  B) quality control was difficult.
  C) people disagreed on which good to use.
  D) paper quality was poor.

Question 2

We assume leisure is a normal good. This implies that
 
  A) an increase in taxes decreases the demand for leisure.
  B) households maximize utility.
  C) preferences over consumption are well defined.
  D) an increase in the wage increases demand for leisure.


Alyson.hiatt@yahoo.com

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

B

Answer to Question 2

A


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