Commodity money cannot be used as a unit of account
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
Walmart wants to raise $250 million to finance the renovation of their retail stores, and the company wishes to raise the funds through indirect finance. Which of the following methods could it use?
A) It could issue $250 million in stock. B) It could sell $250 million in bonds. C) It could borrow $250 million from a bank. D) It could choose either A or B.
When a monopolist identifies its profit-maximizing quantity of output, how does it decide what price to charge?
A. It charges a price equal to the marginal cost at the profit-maximizing output level. B. It charges a price slightly greater than the marginal cost at the profit-maximizing output level. C. Cannot be determined from information given D. It charges a price less than the marginal cost at the profit-maximizing output level.