The term "near monies" refers to which of the following?
a. Savings and small time deposits, which (unlike currency and checkable deposits) are not immediately available as money in a transaction.
b. Mexican pesos and Canadian dollars – the money used by our nearest neighbors

This type of firm would likely operate as a monopoly

A) one of many U.S. wheat farmers. B) one of the few U.S. auto makers. C) AT&T long distance phone service. D) the local water company.

A person who lives in a good-climate city says, "It's expensive to live here, but at least the climate is free." In terms of a theory advanced in the textbook, this person has either forgotten or is unaware that

A) New York City is not a good-climate city and it is expensive to live there. In other words, not all good-climate cities are expensive and not all bad-climate cities are cheap. B) part of the reason it's expensive to live in the city is because of the good climate. C) good-climate cities have more outdoor entertainment entities and activities and therefore people have to pay higher taxes to support those entities and activities. D) there is a sunshine tax in most of the country - the more hours of sunshine a day, the higher the tax. E) none of the above