The U.S. dollar is a good example of fiat money

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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A huge 50 percent off sale on golf clubs is advertised for next week. What happens this week in the market for golf clubs?

A) The supply of golf clubs decreases. B) The demand for golf clubs increases. C) The demand for golf clubs decreases. D) The supply of golf clubs increases. E) The demand for and the supply of golf clubs decreases.

Economics

Two companies in a city provide insurance for cars—Company A and B. Company A pays 100% of the money required for repair in case of an accident, while Company B pays 70% of the total money required

A research agency has found that Company A's customers have more accidents. Which of the following explains this difference? A) Moral hazard B) Adverse selection C) The presence of positive externalities D) The presence of negative externalities

Economics