In comparison to the case of a perfectly competitive home market, the welfare effects of a tariff under a home monopoly are _______, and the deadweight loss for the home monopoly is ________.

When an asset is used as a universal yardstick that is used for expressing the worth of different goods and services, it is serving the function of a ________

A) unit of account B) medium of exchange C) store of value D) loanable fund

_______ refers to how quickly, easily, and reliably an asset can be converted into cash.

a) Barter b) Fiat money c) Unit of account d) Liquidity