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Social Studies, 22.06.2019 09:00
What are objects called that have value in and of themselves as well as value as a means of exchange? custom commodity money currency simple money
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Social Studies, 22.06.2019 15:00
In the kingdom of saudi arabia the government controls every aspect of oil production which makes up the majority of the country's economy. while other businesses are owned by individuals, the biggest segment of saudi arabia's economy is oil production. saudi arabia's economy would best be described as a) entirely market. b) almost entirely command. c) a mixture between just market and traditional. d) a mixed economy with large amounts of command.
Answers: 3
Social Studies, 22.06.2019 16:30
What is the rule relating the ratio of marginal utility to prices of two goods at the optimal choice? explain why, if this rule does not hold, the choice cannot be utility-maximizing.
Answers: 2
Social Studies, 22.06.2019 19:30
Banks offer services such as checking and savings accounts. what do banks do with most of the money they receive in deposits from customers? a) they loan it out to other customers. b) they spend it on new banks in other places. c) they keep it in a locked, secured vault in the bank. d) they send it to the federal reserve in washington, d.c.
Answers: 2
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