A major problem inherent in posting bonds is that
A) workers are not trustworthy.
B) workers may not have enough wealth to post them.
C) workers cannot find co-signers.
D) All of the above.
B
Economics
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One reason that consumers and businesses might not act rationally is
A) they may not realize their actions are inconsistent with their goals. B) they do not always value fairness when they make choices. C) it is difficult to obtain enough information about the elasticities of demand and supply. D) consumer tastes change constantly.
Economics
Currencies that are not backed by precious metals of equal value are called:
a. Near money. b. Repurchase agreements. c. Eurodollars. d. Fiat money. e. Legal tender.
Economics