
Macroeconomics 9th Edition by David Colander
Edition 9ISBN: 978-0077501860
Macroeconomics 9th Edition by David Colander
Edition 9ISBN: 978-0077501860 Exercise 1
The book of Leviticus in the Bible states, "You shall do no injustice in judgment, in measurement of length, weight, or volume.ou shall have just balances, just weights, a just ephah, a just hin. am the Lord your God, who brought you out of the land of Egypt." When the Israelites began using shekels for money, a just weight meant that the silver coin had a particular weight and therefore an intrinsic value.
a.If U.S.urrency is not backed by gold, how do we know the dollar is a "just weight"
b.How is inflation an injustice in measurement
c.Who bears the injustice of inflation (Religious)
a.If U.S.urrency is not backed by gold, how do we know the dollar is a "just weight"
b.How is inflation an injustice in measurement
c.Who bears the injustice of inflation (Religious)
Explanation
(a) Just weight is the correct measure o...
Macroeconomics 9th Edition by David Colander
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