Even when people know the purchasing power of the currency is declining, they continue to use the currency because
A) they have no other choice.
B) its value is holding better than any other asset.
C) its value is still predictable.
D) it still has some intrinsic value.
C
Economics
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Which of the following is an example of a product that is nonexcludable and nonrival?
A) a motorcycle B) the court system C) Western lowland gorillas D) a NASCAR event
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A country opens up to trade and imports clothing. In the clothing market, surplus has been redistributed from
A) producers to consumers. B) consumers to producers. C) government to consumers. D) producers to government.
Economics