When Benjamin Franklin Wrote, "Remember That Time Is Money!" He

question 146

Multiple Choice

When Benjamin Franklin wrote, "Remember that time is money!" he understood

• A) the incentives created by property rights.
• B) the law of comparative advantage.
• C) the concept of opportunity cost.
• D) that watches cost money.

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Definitions:

Somatostatin

A hormone that inhibits the release of growth hormone from the anterior pituitary gland and also suppresses the release of various other hormones within the body's gastrointestinal system.

Pancreas

Internal organ that produces digestive enzymes and the hormones insulin and glucagon.

Simple Goiter

An enlargement of the thyroid gland caused by a lack of iodine, not associated with thyroid dysfunction.

Iodine

A chemical element with the symbol I and atomic number 53, necessary for thyroid function and found in various foods and salts.