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

Author Question: Which of the following is true if a nation's official money fails to serve as a medium of exchange? ... (Read 105 times)

ENagel

  • Hero Member
  • *****
  • Posts: 540
on: Jun 30, 2018
Which of the following is true if a nation's official money fails to serve as a medium of exchange?
 a. Nothing will replace money to help facilitate exchange.
  b. There will be an increase in economic efficiency.
 c. Resources will divert from production to exchange.
 d. Transactions costs of exchange will decrease.
 e. Fewer barter exchanges will be completed.

Question 2

Which of the following is most likely to increase productivity growth, as measured using GDP statistics?
 a. Reduced capital formation
 b. Decreased human capital
 c. Increased research and development
  d. Increased government regulation
 e. Higher price of a raw material


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dyrone

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

c


ENagel

  • Member
  • Posts: 540
Reply 2 on: Jun 30, 2018
Wow, this really help

bitingbit

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

(a) Homologous traits are similar due to shared ancestry. (b) Analogous traits (bats’, birds’, and f (a) Homologous traits are similar due to shared ancestry. (b) Analogous traits (bats’, birds’, and f
John Lewis Krimmel’s painting of the Fourth of July in Centre Square Philadelphia (1812) shows the d John Lewis Krimmel’s painting of the Fourth of July in Centre Square Philadelphia (1812) shows the d
The respiratory system and the process of gas exchange. The respiratory system and the process of gas exchange.
A heat exchange vest that uses ice packs for cooling A heat exchange vest that uses ice packs for cooling
Calvin Harris, Sam Smith - Promises (Official Lyric Video) Calvin Harris, Sam Smith - Promises (Official Lyric Video)
Sufjan Stevens, "Should Have Known Better" (Official Audio) Sufjan Stevens, "Should Have Known Better" (Official Audio)
Video: Integumentary Anatomy

For a complete list of videos, visit our video library