This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The unit of account function of money: a. means that money should be durable. b. means that money ... (Read 199 times)

Charlie

  • Hero Member
  • *****
  • Posts: 640
on: Jun 30, 2018
The unit of account function of money:
 a. means that money should be durable.
 b. means that money makes price information more accessible.
  c. requires that money be made of something valuable.
 d. means that money can be used to save up purchasing power.
  e. means that money is more easily counted than goods.

Question 2

Which of the following would be illegal under the Robinson-Patman Act?
 a. Ford and General Motors meet to fix the price of cars.
  b. Computer makers form a cartel.
  c. General Mills and Kelloggs decide to merge.
  d. Exxon sells gas at a higher wholesale price to independent gas retailers than to Exxon retailers.
  e. Exxon Oil and Mobil Oil elect the same person to their boards of directors.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kaylee05

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


Charlie

  • Hero Member
  • *****
  • Posts: 640
Reply #2 on: Jun 30, 2018
Correct answers!


kaylee05

  • Sr. Member
  • ****
  • Posts: 318
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

An example of modification of a structure for a new function An example of modification of a structure for a new function
Defibrillator. Defibrillators are devices that supply a voltage charge to the heart in the hope of r Defibrillator. Defibrillators are devices that supply a voltage charge to the heart in the hope of r
The unit on top of this Subaru that looks like a radiator is the intercooler, which cools the air ... The unit on top of this Subaru that looks like a radiator is the intercooler, which cools the air ...
Schematic depiction of the action of tryptophan synthase in one functional unit Schematic depiction of the action of tryptophan synthase in one functional unit
A Structure/Function Label Claim A Structure/Function Label Claim
General Mathematics - Finding the Range of a Function General Mathematics - Finding the Range of a Function
Video: Autonomic Nervous System Animation

For a complete list of videos, visit our video library