Treasury bonds are ________ issued by the federal government when it borrows money.
A. derivative securities
B. private stocks
C. promissory notes
D. certificates of deposit
Answer: C
Economics
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Opportunity cost can always be measured in money terms
a. True b. False Indicate whether the statement is true or false
Economics
A toll collected from each car traveling during rush hour on a congested road is an effective correction to the Tragedy of the Commons for all of the following reasons except the toll provides an incentive for commuters to
a. drive at times other than rush hour. b. use public transit rather than driving. c. drive more fuel-efficient cars. d. car-pool.
Economics