If a chemical factory causes noxious fumes to be emitted in the neighborhood, a third party would be:

The transactions approach to measuring money relies on the role of money primarily as a

A) temporary store of value. B) standard of deferred payment. C) unit of account. D) medium of exchange.

Refer to Figure 4.8. If half of your friends go to the beach and half go to the park, and you decide to go to the park, then

A) your friends at the beach will switch to the park. B) you and your friends at the park will switch to the beach. C) your friends at the beach will switch to the park and your friends at the park will switch to the beach. D) your friends will all stay where they are.