Paper money is a good example of commodity money

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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A decrease in spending on new homes will, other things equal

A) increase aggregate demand. B) increase aggregate supply. C) decrease aggregate demand. D) decrease aggregate supply.

Economics

The demand for a monopoly's output is p = 100 - Q. The firm's production function is Q = 2L. Which of the following is the firm's demand for labor?

A) w = 200 - 8L B) w = 200 - 4L C) w = 100 - L D) w = 2L

Economics