The statement "This Dell laptop costs $1,200" illustrates which function of money?

A) store of value B) standard of deferred payment
C) unit of account D) medium of exchange

C

Economics

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According to the misperceptions theory, short-lived shocks may have long-term effects on the economy because of

A) multiplier effects. B) propagation mechanisms. C) accelerator effects. D) automatic stabilizers.

Economics

Explain how an attempt by the government to lower inflation could cause unemployment to increase in the short-run

Economics