When prices rise,
a. real estate is a better unit of account than money.
b. money is a worse medium of exchange than real estate.
c. money is a better store of value than real estate
d. real estate is a better store of value than money.
d
Economics
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Which of the following industries would most likely represent monopolistic competition?
a. clothing b. wheat c. water utilities d. soft drinks
Economics
If the labor force consists of 100 laborers, and these laborers work with a capital stock of $20,000 . then the capital-labor ratio is
a. 0.01 b. 0.02 c. 100 d. 200 e. 2,000
Economics