Camels have been used as money. Which function of money would this type of money perform least well?

A) medium of exchange
B) unit of accounting
C) store of value
D) standard of deferred payment

B

Economics

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Describe three features of monopolistic competition that differentiate it from monopoly

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If total output in an economy is $600,000 and the total work-hours in the economy are 40,000, labor productivity is:

A. $15. B. $13. C. $7. D. $9.

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