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Rainbow [258]
3 years ago
5

The government has been considering doing away with minting pennies because they are rarely used for purchases (with most people

collecting them or throwing them away). How would an economist best explain this consumer behavior?A. People who use pennies probably are not spending enough money; removing the penny will forcepeople to spend more.B. More people are using credit and debit cards, so they are not in the habit of using monetarychange.C. Prices have increased over time, and it would take far too many pennies to buy anything of value.D. Prices have increased over time, and the opportunity cost of carrying around pennies has fallen
Social Studies
1 answer:
nevsk [136]3 years ago
5 0

Answer:

Prices have increased over time, and it would take far too many pennies to buy anything of value

Explanation:

Going by the fact that the value of pennies is fast declining, there is no longer value in holding them; hence the reason most people collecting them are throwing them away.

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Answer: The answer is "skeptical"

Being____can means questioning what is "common knowledge" or what "everybody knows."

Explanation:

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1 year ago
In rogers' theory, a person experienced anxiety when there was a discrepancy between experience and perception of the self. for
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2 years ago
Suppose that the exchange rate between the U.S. dollar and the Mexican peso is 1 peso = $0.11. If the U.S. dollar price per Mexi
Gala2k [10]

Answer:

If the exchange rate between the U.S. dollar and the Mexican peso is 1 peso = $0.11, and the U.S. dollar price per Mexican peso changes to 1 peso =$0.10, the peso is said to have depreciated and the dollar to have appreciated.

Explanation:

Depreciation is an economic term that indicates that a certain currency falls in value relative to another currency.

The opposite is appreciation: the currency in question rises in value relative to another currency.

Because of the change in the exchange rate compared to the other currency, you can buy more or less with your own currency in the period before the change in the exchange rate.

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3 years ago
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<span>Good Morning!
 
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3 years ago
What was the tallmadge amendment?
Likurg_2 [28]
The Tallmadge Amendment was a proposed amendment to a bill requesting the Territory of Missouri to be admitted to the Union as a free state. This amendment was submitted on February 13, 1819, by James Tallmadge, Jr., a Democratic-Republican from New York, and Charles Baumgardner. In response to the debate in Congress regarding the admission of Missouri as a state and its effect on the existing even balance of slave and free states, Tallmadge, an opponent of slavery, sought to impose conditions on Missouri that would extinguish slavery within a generation.

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