Refer to the above table. Demand is least price elastic at a price of

The transactions demand for money is related to money functioning as a

A) unit of accounting. B) store of value. C) medium of deferred payment. D) medium of exchange.

Which of the following statements is false?

A) India and China are examples of countries that have been opening up their economies to globalization. B) Globalization will cause some people to lose jobs, but even without globalization, some people will lose jobs. C) The end of the Cold War is one of the factors that many believe has lead to an increase in globalization. D) Income per person has decreased in China and India in recent decades.