« previous next »

Author Question: Money is A) anything backed by gold. B) any durable good. C) whatever people use as a general ... (Read 68 times)

ARLKQ

  • Hero Member
  • *****
  • Posts: 571
on: Jun 29, 2018
Money is
 
  A) anything backed by gold.
  B) any durable good.
  C) whatever people use as a general medium of exchange.
  D) something intentionally created by farsighted people.

Question 2

Bananaland produces only bananas and sunscreen and the quantities and prices for 2012 and 2013 are given in the table above. The base year is 2012. Nominal GDP in 2012 is equal to
 
  A) 500.
  B) 625.
  C) 640.
  D) 800.
  E) 100.


guyanai

  • Sr. Member
  • ****
  • Posts: 349
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

U.S. Study on Identity Achievement With age, more young people are classified in identity achieveme U.S. Study on Identity Achievement With age, more young people are classified in identity achieveme
Children with autism generally prefer interacting with objects over people. Children with autism generally prefer interacting with objects over people.
Write the equation in general form of the line passing through the point Write the equation in general form of the line passing through the point
General Mathematics General Mathematics
Time value money Time value money
Video: How do the different types of chromatography work? (No Audio)

For a complete list of videos, visit our video library