Money is not an economic resource because: a. Money, as such, does not produce anything. b. Idle money balances do not earn interest income. c. It is not scarce. d. Money is not a free gift of nature.

Money is not an economic resource because: a. Money, as such, does not produce anything. b. Idle money balances do not earn interest income. c. It is not scarce. d. Money is not a free gift of nature.

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter15: Monetary Theory And Policy

Section: Chapter Questions

Problem 1.2P

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