When Patty uses money to buy her lunch, she is showing the use of money as a "store of value."

Indicate whether the statement is true or false

FALSE

Economics

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There are ________ Federal Reserve Banks located in different parts of the United States

A) 10 B) 12 C) 15 D) 50

Economics

Which of the following statements is correct?

i. The demand curve shows the maximum price people are willing to pay for a given quantity of the good. ii. The maximum price a consumer is willing to pay for an additional unit is the marginal benefit of that unit. iii. Value is what a consumer receives and price is what a consumer pays. A) i only B) ii only C) iii only D) i and iii E) i, ii, and iii

Economics