The only money that can be used as a standard of value is fiat money

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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The following are all functions of money except

A) medium of exchange. B) store of value. C) unit of account. D) source of anxiety.

Economics

Which of the following is the best example of two inputs that would exhibit a constant marginal rate of technical substitution?

A) trucks and truck drivers B) natural gas and oil C) personal computers and clerical workers D) company-employed computer programmers and temporary supplemental computer programmers

Economics