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Question: Money serves several important functions in an economy. Which of the following is NOT a function of money? a) Medium of exchange b) Unit of account c) Facilitates bartering d) Store of valueImagine you receive an allowance of $10 every week. This year, your allowance increased to $12. However, the price of candy, your favorite treat, has also gone up by 20%. Do you think you can now buy more, less, or the same amount of candy with your allowance?
Explain why there is a blurry line dividing objects that are “money” from those that are not. Give examples of some clear-out cases? And some borderline ones. Could the position of this blurry line change over time?
Econ 301 Assignment, Find at least three other variables that may affect the return of equity of your choice
Monopoly and Price Fixing
Describe the profit maximizing (or loss minimizing) output for this firm. Explain why or why not there an accounting profit?
What is the difference between scarcity and shortage? Give an example of each and argue whether or not (for each of your examples) the problem of scarcity or shortage will ever be solved. If so, how?
Explain the following to help the committee members understand how markets work: How society manages its scarce resources and benefits from economic interdependence
How might restrictions on private ?nancial account transactions alter the problem of attaining internal and external balance with a ?xed exchange rate? What costs might such restrictions involve?
Suppose you are advising a bank on the management of its balance sheet. In light of the financial crisis of 2007-2009, what arguments might you make to convince
Evaluate the impact of making these changes using criteria other than just the time to complete the project. Do you think it would be in Nokia's best interest to try to make these changes in how they run this and future cell phone design projec..
please answe both questions no more than 250 words these are short answer questions do not need 2-3 page answers.1.
What are the laws of supply and demand? Why is one curve upward sloping and the other downward? The response must be typed, double spaced.
1. Define both race and ethnicity. 2. Define both stereotypes and discrimination.
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