Where are coins manufactured?

(A) Federal Reserve Banks
(B) Bank holding companies
(C) United States Mint
(D) Bureau of Engraving

Ans: (C) United States Mint

Economics

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Government is viewed in the economic way of thinking as many different people interacting on the basis of

A) fear of punishment rather than hope for reward. B) legal considerations rather than profitability. C) prevailing property rights. D) principles of cooperation rather than of competition. E) regard for the public interest rather than private interest.

Economics

A single-price monopolist has the demand and marginal cost schedules given in the above table. What is the profit-maximizing level of output and price?

What will be an ideal response?

Economics