Which of the following is a desirable property of money?
a. Scarcity.
b. Portability.
c. Divisibility.
d. All of these.
d
Economics
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In the IS model, assuming that the real interest rate does not change, an increase in autonomous ________ leads to a decrease in equilibrium saving
A) investment B) consumption C) net exports D) all of the above E) none of the above
Economics
An economy's standard of living grows over the long run because of: a. better protection of domestic industries from foreign competition. b. centralized planning and decision making
c. technological improvements. d. stringent foreign trade policies. e. high growth rate of population.
Economics