Desirable characteristics for money do not include
a. divisibility
b. portability
c. durability
d. not being of uniform quality
e. a stable supply
D
Economics
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The Dow Jones industrial average
a. buys and sells municipal bonds from bond rating agencies b. is a stock exchange that performs IPOs c. was founded on Wall Street in 1926 d. is a stock index consisting of the 30 largest company stocks
Economics
The figure above shows the demand and cost curves for a single-price monopoly. The firm's economic profit equals
A) $0. B) $300. C) $100. D) $50.
Economics