Money that is acceptable because the government requires that it be accepted in payment of debt is _____
a. legal tender
b. commodity money
c. bad money
d. backed by government's wealth
e. hoarded by the people
a
Economics
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What is the relationship between the aggregate planned expenditure curve and the aggregate demand curve? Explain the relationshi
What will be an ideal response?
Economics
The fact that our wants are unlimited but our resources are limited implies that
A) we should limit our wants. B) entrepreneurship has failed as an economic system. C) we have to make choices. D) the only way to make someone better off is to make someone else worse off.
Economics