Which of the following is an example of money serving as a medium of exchange?
A. Richard puts money into a piggy bank.
B. Ellen deposits cash into a money market account.
C. Sean puts a new $20 bill into his currency collection.
D. Marian buys a carbo-loaded drink before a marathon.
Answer: D
Economics
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The table above shows the marginal private benefit, marginal social benefit, and marginal cost of education at the College of Epsilon. What is the tuition that will make the number of students equal to the efficient number?
A) $400 B) $800 C) $2,800 D) $3,200
Economics
If player B destroys his own brakes before the race, and player A sees that , what would the new Nash equilibrium be in this case?
a. Player A stops, Player B does not b. Player B stops, Player A does not c. Both players stop d. Neither players stop
Economics