Commodity money
A) has value independent of its use as money.
B) has little to no value independent of its use as money.
C) can be used to purchase commodities, but not services.
D) is backed by a valuable commodity such as gold.
A
Economics
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Existing computer software
a. is a public good b. is excludable but nonrivalrous c. is rivalrous by not excludable d. should be provided free of charge e. has been produced efficiently
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Which of the following would most likely cause the supply of wheat to increase?
a. a decrease in the price of corn, a substitute for wheat b. a technological advance that lowers the cost of producing wheat c. an increase in the cost of producing wheat d. a change in consumer preferences, causing them to prefer plain white bread to whole-wheat bread
Economics