If the inverse demand curve a monopoly faces is p = 100 - 2Q, and MC is constant at 16, then maximum profit

The attribute that distinguishes money from other assets is that only money

A) retains its value during times of inflation. B) is counted in determining the size of an individual's wealth. C) serves as a medium of exchange. D) may be used as collateral for a bank loan.

Double-entry bookkeeping is a system of accounting in which:

a. it is ideal for credits to be greater than debits. b. it is ideal for debits to be greater than credits. c. each transaction is recorded in the same account twice. d. only foreign and domestic accounts are used. e. the debit total must equal the credit total for the transactions as a whole.