A disadvantage of ________made from precious metals is that it is very heavy and hard to transport from one place to another
A) commodity money
B) fiat money
C) electronic money
D) paper money
A
Economics
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Consumption expenditure exceeds disposable income
A) when there is dissaving. B) when there is positive saving. C) always. D) never. E) only when the economy is in equilibrium.
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Who would benefit if the exchange rate with yen (in U.S. dollars) increased?
a. c and e. b. Japanese tourists. c. U.S. consumers. d. U.S. exporters. e. Japanese exporters.
Economics