If something serves as a store of value, we expect it to be
A) divisible.
B) durable.
C) of intrinsic value.
D) light.
B
Economics
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When there is a large government deficit, what will happen to the aggregate demand curve?
a. It will shift to the left. b. It will shift downward. c. It will shift to the right. d. It will not shift.
Economics
If the production possibilities frontier for two goods is shown as a straight line, this implies that
A. there is no trade-off between the two goods. B. the principle of increasing costs is present. C. the slope of the production possibilities frontier is increasing. D. there are no specialized resources used in the production of these goods.
Economics