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    The total amount of U.S. currency in circulation divided by the U.S. population comes out to about $3,500 per person. That is more than most of us carry. Where is all the cash?

    The course author didn't provide an answer for this question

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Questions & Answers

what is a portable
Eeme Reply
able to be carried or easily moved......just movie okay
Amadou
2) One of the major assumption of the classical school is A) Lack of aggregate demand causes involuntarily unemployment B) Governments fiscal operations can reduce unemployment C) Unemployment and inflation can exist together D) Economy will be in full employment equilibrium in the long run
Ajay Reply
explain the scope of economics
Bhimshi Reply
Inflation occurs in a country due to what causes?
Daniel Reply
Lack of natural resources management
Kosiso
scarce of natural resources
Eeme
What is demand
TECK Reply
the amount of a good that buyers are willing and able to purchase
Asit
what is population
Amadou Reply
The people living within a political or geographical boundary.
Ziyodilla
what happens to price and quantity when demand curves shift to the right
Asha Reply
price level goes up. quantity demand increases
Asit
example- inferior goods
Asit
demand law
Athony
Its states that higher the price the of the commodity, and lower the quantity demanded
Kosiso
I am confused but quantity demand will increase.
Asit
No. That's the law of supply
Kosiso
the price goes down and quantity demanded increases
esther
Price goes down Demand quantity increases
Daniel
choice arises because of scarcity of resources
Umar
what happens to price and quantity when supply curve shifts left?
Asha Reply
price level will increase
Asit
quantity demand will decrease
Asit
what is inflation
Pop Reply
inflation is a general and ongoing rise in the level of prices in an entire economy.
cynthia
is the pasistance increase in the price of a country economy
Liyu
kk
Duppy
yes
Aadi
how does inflation affects the economy of a country? what is deflation?
Augustine
deflation can simply be define as the persistence decrease in price of a countrys economy
Liyu
the revenge of malthus relates "revenge" with "commodity prices". collect data for 3 commodoties and check their price evolution
Jamshi Reply
what is elasticity
dubela Reply
Elasticity is an economics concept that measures responsiveness of one variable to changes in another variable.
cynthia
right
Augustine
wooow!!
cynthia
Computer software represents
Mboledi Reply
पर्यावरण राज्यों में से किस राज्य में शिष्य शिक्षक अनुपात 30 से अधिक वाले विद्यालयों का प्रतिशत न्यूनतम होता है
plz Reply
Hey what are you trying to mean?
Kenyana
what is Asset
MUBARAK
like a banana
Ahmed
demand is the process whereby consumers are willing and able to purchase a particular product at various price over a given period of time
Samuel Reply
The law of dinimish
Frank Reply
What is the law of dinimish
Frank
What is the law of dinimish
Frank
What is the law of dinimish
Frank

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Source:  OpenStax, Principles of economics. OpenStax CNX. Sep 19, 2014 Download for free at http://legacy.cnx.org/content/col11613/1.11
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