Money is an imperfect store of value when

a. the rate of inflation is high.
b. the unemployment rate is high.
c. gold prices are falling.
d. businesses are failing due to bankruptcy.

a

Economics

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The explanations for the slopes of the aggregate demand and short-run aggregate supply curves are the same as the explanations for the slopes of demand and supply curves for specific goods and services

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

Economics

Select the type of market that is described by the following attributes: many firms, differentiated products, and free entry

a. natural monopoly b. perfectly competition c. monopolistic competition d. monopoly

Economics