One of the economic costs of holding currency is that
A) it fulfills no transactions role. B) it fulfills no precautionary role.
C) its real value always increases. D) it earns no interest income.
D
Economics
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The largest share of total production in the United States is
A) government goods and services. B) exported goods and services. C) capital goods. D) consumption goods and services. E) imported goods and services.
Economics
The ultimate purpose of building an economic model is to
a. challenge college students b. constrain economic agents c. predict behavior d. change behavior e. prevent behavior
Economics