Author Question: When you bought your textbook for this course, you were using money as a A) store of value. B) ... (Read 28 times)

Ebrown

  • Hero Member
  • *****
  • Posts: 567
When you bought your textbook for this course, you were using money as a
 
  A) store of value.
  B) price mechanism.
  C) medium of exchange.
  D) unit of account.

Question 2

Approximately, the real interest rate ________ the inflation rate ________ the nominal interest rate.
 
  A) plus; equals
  B) equals; plus
  C) equals; minus
  D) minus; equals



chereeb

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

For a complete list of videos, visit our video library