Which of the following countries has a flat SAS curve?
A) Brazil
B) U.S.
C) Argentina
D) All of the above.
B
Economics
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If an economist claims there are substitutes for fossil fuels, she is really saying
A) fossil fuels don't have to be economized. B) fossil fuels aren't scarce goods. C) fossil fuels aren't important. D) fossil fuels are used, and maintained, only at a cost. E) economists don't care for fossil fuels.
Economics
When colonists in Virginia used tobacco as money, their money
a. was commodity money. b. had no intrinsic value. c. was fiat money. d. had no store of value.
Economics