« previous next »

Author Question: Which function of money represents a measure for stating the prices of goods and services? A) ... (Read 54 times)

fox

  • Hero Member
  • *****
  • Posts: 540
on: Jun 29, 2018
Which function of money represents a measure for stating the prices of goods and services?
 
  A) medium of exchange
  B) unit of account
  C) store of value
  D) means of payment

Question 2

The nominal interest rate approximately equals which of the following?
 
  A) the real interest rate minus the inflation rate
  B) the real interest rate plus the inflation rate
  C) the real interest rate minus the growth rate of real GDP
  D) the real interest rate plus the growth rate of real GDP


srodz

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Multiple sclerosis (MS). (a) A disease characterized by the gradual development of small areas of ha Multiple sclerosis (MS). (a) A disease characterized by the gradual development of small areas of ha
At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da
Metric System: Measure of Weight and Volume Metric System: Measure of Weight and Volume
How to approximate the area of a function using midpoints How to approximate the area of a function using midpoints
Write equation for each function Write equation for each function
Function, even or odd, solution Function, even or odd, solution
Video: Cellular slime mold life cycle Animation

For a complete list of videos, visit our video library