Marc Leaves a Store in the Mall and Sets Off

question 29

Multiple Choice

Marc leaves a store in the mall and sets off the alarm. This is because the cashier likely left the ___________ on the item Marc purchased.

• A) telemetry
• B) bar code
• C) RFID tag
• D) intrabusiness app

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Definitions:

Short-Run Effects

Immediate or temporary outcomes of a policy or economic change that manifest before long-term adjustments can take place.

Quantity Of Money

The total amount of money (cash, coins, and bank deposits) in circulation within an economy.

Tradeoffs

Refers to the concept in economics that by choosing one option, another option is foregone.

Basic Principle

A fundamental rule or concept that forms the foundation of a system, theory, or idea.