In a circular-flow diagram, the saving and taxation "pipes" are carrying

Why don’t economists agree with backing paper money with a certain commodity, such as gold?

What will be an ideal response?

In a perfectly competitive market, if one seller chooses to charge a price for its good that is slightly higher than the market price, then it will _________.

A. lose all or almost all of its customers. B. see no change in its number of customers. C. see a small decrease in its numbers of customers. D. All of the above are equally likely.