Section 1 - Question 15 Which of the following scenarios BEST illustrates the role of money as a medium of exchange?

You think all professors are uncoordinated, but then you see your social psychology professor make a diving catch down the left-field line at an intramural softball game against the arts department team. you also notice that your professor hits lead-off for the team and is able to score from second base on a ground-out. you maintain your original stereotype of professors as uncoordinated by deciding that this one individual is an exception to the rule because he is a “young professor.” this is an example of

Which is the best conclusion that can be drawn regarding the status of african-americans in the south in the late 1800s? a) african-americans made tremendous political, social, and economic advancements during the reconstruction era. b) passage of the 13th, 14th, and 15th amendments to the u.s. constitution guaranteed equal status and rights for all african-americans. c) the reconstruction policies enacted by the federal government were highly effective in african-american citizens transition to life after slavery. d) although african-americans had equal rights under federal law they were still economically, politically, and socially inferior to whites in the south during the reconstruction era.

The graph represents price and output quantities under a monopoly what price will the monopolist firm set