A $70 price tag on a sweater in a department store window is an example of money functioning as a:
A. unit of account.
B. standard of deferred payments.
C. store of value.
D. medium of exchange.
A. unit of account.
Economics
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Frictional unemployment comes about because of
A) friction between labor and management. B) a mismatch between skills and available jobs. C) normal labor market turnover. D) a general economic slowdown.
Economics
Which of the following accounts for the highest percentage of health care dollar spending in the United States?
a. prescription drugs b. physician services c. program administration and net cost d. hospital care
Economics