The "gold-standard" is a system in which:
A) gold mining firms own the right to print currency.
B) people use gold as a medium of exchange.
C) paper currency is backed by gold.
D) gold is imported into the U.S. in exchange of paper currency.
C
Economics
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Those who view education as a sorting mechanism emphasize that employers value the
A. skills that people who attend college have already acquired before they enter college. B. docility and deference to authority learned in the classroom. C. analytic ability of the highly educated worker. D. work habits picked up in the home and school.
Economics
The marginal cost curve of a firm above AVC is also its short-run supply curve.
Answer the following statement true (T) or false (F)
Economics