Gerald wants to take out an insurance policy on his Pez dispenser collection, and reports to his insurance company that the collection is worth $25,000. This is an example of using money as a

Trade only occurs if there are only winners, and no losers, as a result of the trade

Indicate whether the statement is true or false

Development economics is the study of the

a. alleviation of absolute poverty. b. transformation of institutions. c. allocation of resources in developing countries. d. all of the above.