Which of the following is NOT a benefit of money when used as a medium of exchange?

A) allowing individuals to specialize
B) allowing individuals to pay off debts
C) allowing for some economic efficiencies
D) providing economic growth

Economics

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If gasoline prices rise by 20% and quantity demanded falls by 5%., then the price elasticity of demand is:

A) .05. B) .15. C) .20. D) .25. E) .40.

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Economics

A ______ is a private good.

a. sewer b. highway c. river d. shoe

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Economics