When you see a mansion and think to yourself that it must be worth a million dollars, you are using money to perform which function?
A) medium of exchange
B) unit of account
C) store of value
D) means of payment
E) method of avoiding barter
B
Economics
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The difference between a good and a service is that
a. a good helps satisfy unlimited wants; a service does not b. a service helps satisfy unlimited wants; a good does not c. a services is available in unlimited quantities; a good is not d. a good is available in unlimited quantities; a service is not e. a good is tangible; a service is not
Economics
The union participation rate in the United States is
a. lowest among service workers in the private sector b. highest among service workers in the private sector c. lowest among service workers in the public sector d. highest in heavy industry e. highest in high-technology industries
Economics