This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is an example of money serving as a medium of exchange? a. John buys a cup ... (Read 20 times)

cnetterville

  • Hero Member
  • *****
  • Posts: 547
on: Jun 30, 2018
Which of the following is an example of money serving as a medium of exchange?
 a. John buys a cup of coffee and a roll at the faculty dining room.
  b. Steve puts a five-dollar bill in his money belt.
 c. Scott deposits cash into a savings account.
 d. Roland puts his coins into a piggy bank.

Question 2

An increase in the money supply will lead to an increase in equilibrium real GDP only if:
 a. the aggregate demand curve is horizontal.
  b. the aggregate supply curve is vertical.
  c. the investment function is horizontal.
  d. the aggregate supply curve is not vertical.
  e. the investment function is upward-sloping.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

angrybirds13579

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


cnetterville

  • Member
  • Posts: 547
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

bulacsom

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Stars and the Interstellar Medium Stars and the Interstellar Medium
Shortly after his death, George Washington had already become myth—part Moses, part angel—in this wo Shortly after his death, George Washington had already become myth—part Moses, part angel—in this wo
The Ku Klux Klan forces John Campbell, a black man, to beg for his life in Moore County, North Carol The Ku Klux Klan forces John Campbell, a black man, to beg for his life in Moore County, North Carol
With your fingertips, using medium pressure, trace the colon over the abdomen. Move in clockwise ... With your fingertips, using medium pressure, trace the colon over the abdomen. Move in clockwise ...
Main mechanism of carbon dioxide transport and exchange. A lesser amount of CO2 travels to the lungs Main mechanism of carbon dioxide transport and exchange. A lesser amount of CO2 travels to the lungs
Video: Muscle Twitch and Muscle Tension - Motor unit size and force

For a complete list of videos, visit our video library