The earliest paper money was bank notes, which were pieces of paper issued by banks, ornately printed to frustrate counterfeiters, and

Originally, the threshold income level used to determine official poverty statistics was based on

A) a per capita income of $3000 in 1955 prices. B) the lowest income of the second quartile of families in the country. C) an income three times greater than necessary to purchase a nutritionally adequate diet. D) figures developed by a committee in the American Economic Association.

If the United States can produce both wine and chocolate at a lower resource cost than France,

a. both countries can still benefit from specialization and international trade b. only the United States can benefit from specialization and international trade c. only France can benefit from specialization and international trade d. neither country can benefit from specialization and international trade e. there will be unknown effects of specialization and international trade