Writing in The New York Times in 2004,economist Hal R.Varian likens the network effects associated with dollars to the network effects associated with
A) fax machines.
B) carbonated beverages.
C) televisions and radios.
D) jewelry and works of art.
Correct Answer:
Verified
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A)backed by gold.
B)the principal type
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A)liquid,but not a store of
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A)fiat money with intrinsic value.
B)fiat money
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A)currency.
B)demand deposits.
C)traveler's checks.
D)All of the above
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Q111: Writing in The New York Times in
Q112: Liquidity refers to
A) the ease with which
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