Describe what is meant by the Cartesian coordinate system
What will be an ideal response?
The Cartesian coordinate system is a method used to graph two variables. There are two axes that are perpendicular to one another. One is a horizontal line (the x-axis) and one is a vertical line (the y-axis). The intersection of these two lines is called the origin. Positive values of x lie to the right of the origin, while positive values of y lie above the origin.
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A monopoly market has
A) a few firms. B) a single firm. C) two dominating firms in the market. D) only two firms in it. E) some unspecified number of firms in it.
The objects we use as money today include
A) currency inside banks and bank deposits. B) currency outside the banks and bank deposits. C) only currency outside the banks. D) only deposits inside the banks. E) credit cards and debit cards.