In comparison to commodity money, paper money
a. is not portable.
b. has no intrinsic value.
c. is not divisible.
d. cannot be stored.
e. All of the above are correct.
b
Economics
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An increase in the currency drain ratio ________
A) decreases the size of the money multiplier B) increases the size of the money multiplier C) increases the deposits in all banks D) decreases the size of the monetary base E) increases the size of the monetary base
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What is the total profit to the monopolist from selling the goods separately?
a. $4,500 b. $6,300 c. $7,000 d. $6,200
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