Which of the following pairs is most likely to represent substitute goods?
a. Hamburgers and hamburger rolls.
b. Movies and popcorn.
c. Beer and pretzels.
d. Shoes and shoelaces.
e. Pork and beef.
e
Economics
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Which of the following serves as the central bank for the United States?
A) the Federal Deposit Insurance Corporation B) the U.S. Treasury Department C) the Federal Reserve System D) the World Bank
Economics
When economists refer to the role of money as a unit of account, they mean that
A) most accounting systems reflect that goods are purchased with currency. B) most accounting systems reflect that goods are purchased with checks. C) money gives traders a way of measuring value in the economy. D) money makes it possible for specialization to take place.
Economics