Author Question: When money is used to express the value of goods and services, it is functioning as a A) medium ... (Read 53 times)

TFauchery

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When money is used to express the value of goods and services, it is functioning as a
 
  A) medium of exchange. B) store of value.
  C) store of purchasing power. D) unit of account.

Question 2

If the cost of hiring workers increases but the marginal benefit remains unchanged, employers are likely to respond by hiring ________ at any given wage.
 
  A) more workers B) immigrant workers
  C) fewer workers D) teenaged workers


bpool94

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Answer to Question 1

D

Answer to Question 2

C



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