« previous next »

Author Question: Matthew purchases a candy bar with his allowance. This purchase represents using money as A) a ... (Read 18 times)

jasdeep_brar

  • Hero Member
  • *****
  • Posts: 569
on: Jun 29, 2018
Matthew purchases a candy bar with his allowance. This purchase represents using money as
 
  A) a medium of exchange.
  B) a store of value.
  C) an unit of account.
  D) none of the above.

Question 2

Which of the following is TRUE regarding the real interest rate?
 
  I. The real interest rate is the opportunity cost of borrowed funds.
  II. The real interest rate equals the nominal interest rate adjusted for inflation.
  A) I
  B) II
  C) both I and II
  D) neither I nor II


Andromeda18

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

When the United States gets stuck over a controversial issue—usually something a divided Congress ca When the United States gets stuck over a controversial issue—usually something a divided Congress ca
For millions of people, the United States represents a land of opportunity and freedom from ... For millions of people, the United States represents a land of opportunity and freedom from ...
This advertisement from about 1885 represents an early stage of capitalism when individuals were ... This advertisement from about 1885 represents an early stage of capitalism when individuals were ...
A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ... A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ...
Which reaction below represents Th decay by alpha emission? Which reaction below represents Th decay by alpha emission?
Determine m​, ​n, and i for money invested at 3.6​% compounded semi-annually for 3.5 ... Determine m​, ​n, and i for money invested at 3.6​% compounded semi-annually for 3.5 ...
Video: Gastrulation: cross section of the frog

For a complete list of videos, visit our video library