To say that coins are "token money" means that:
A. their face value is less than their intrinsic value.
B. their face value is greater than their intrinsic value.
C. their face value is equal to their intrinsic value.
D. they are not legal tender.
B. their face value is greater than their intrinsic value.
Economics
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What is the slope of the line in the figure above?
A) 0.75 B) -0.75 C) 1.33 D) -1.33 E) zero
Economics
An increase in aggregate demand causes an increase in ________ only in the short run, but causes an increase in ________ in both the short run and the long run
A) real GDP; real GDP B) real GDP; the price level C) the price level; real GDP D) the price level; the price level
Economics