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Refer to the article "The Value of Money" in your Money, Money, Money magazine for a complete version of this text.


Which excerpts from "The Value of Money" show a cause-and-effect relationship?


Select Yes or No for each excerpt.


Yes No

"Manufacturers of chocolate paid more for cocoa beans from their suppliers, which in turn drove up the cost of chocolate. "

Yes – "Manufacturers of chocolate paid more for cocoa beans from their suppliers, which in turn drove up the cost of chocolate. "

No – "Manufacturers of chocolate paid more for cocoa beans from their suppliers, which in turn drove up the cost of chocolate. "

"When a good or service becomes scarce, its price goes up. "

Yes – "When a good or service becomes scarce, its price goes up. "

No – "When a good or service becomes scarce, its price goes up. "

"Purchasing power measures how many goods and services you can buy for a certain dollar amount. "

Yes – "Purchasing power measures how many goods and services you can buy for a certain dollar amount. "

No – "Purchasing power measures how many goods and services you can buy for a certain dollar amount. "

"In the 1970s, the supply of gasoline in the United States was scarce. "

Yes – "In the 1970s, the supply of gasoline in the United States was scarce. "

Sagot :

gauravsingh23VT

Manufacturers of chocolate paid more for cocoa is yes, "When a good or service becomes scarce, its price goes up is yes, Purchasing power measures how many goods and services is yes, In the 1970s, the supply of gasoline in the United States was scarce is no.

What is The Value of Money?

The value of money is about the celebrating the ability of the money to explore the history. Anderson has written this book and devoted the importance of the value of money in this book.

The book has many formulas and mechanical way of quantity theories of the money and how it can be used to explore the world.

Thus, it is mentioned above.

For more details about The Value of Money, click here:

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