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 61 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
Gracias!

billybob123

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

The Grants and natural selection of beak size among the medium ground finch. The Grants and natural selection of beak size among the medium ground finch.
Leukemia. A blood smear from a patient suffering from leukemia demonstrates the abundance of enlarge Leukemia. A blood smear from a patient suffering from leukemia demonstrates the abundance of enlarge
The official “Do Not Use” list as issued by The Joint Commission. The official “Do Not Use” list as issued by The Joint Commission.
A diagram showing one of Mendel’s crosses. True-breeding strains of pea plants with smooth and ... A diagram showing one of Mendel’s crosses. True-breeding strains of pea plants with smooth and ...
Blondie - Call Me (Official Video) Blondie - Call Me (Official Video)
Cubicolor - Wake Me Up (Official 4K Visualiser) Cubicolor - Wake Me Up (Official 4K Visualiser)
Video: Proteins Defined, Hierarchy & Composition of Cells

For a complete list of videos, visit our video library