« previous next »

Author Question: Which of these signifies the role of money in any economy? a. It acts as a tool for poverty ... (Read 118 times)

Anajune7

  • Hero Member
  • *****
  • Posts: 574
on: Jun 30, 2018
Which of these signifies the role of money in any economy?
 a. It acts as a tool for poverty alleviation in an economy.
 b. It serves as a medium of exchange in an economy.
 c. It indicates the economic wellbeing of a nation.
 d. It helps to differentiate between the nominal and real income of a nation.
  e. It is a clear indicator of the growth in national income.

Question 2

Excluding foreign competition, which of the following is an oligopoly in the United States?
 a. The computer industry.
  b. The automobile industry.
  c. The steel industry.
  d. All of these are oligopolies.


poopface

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

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.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

The role of Hox genes 9–13 in specifying limb formation from the proximal to distal The role of Hox genes 9–13 in specifying limb formation from the proximal to distal
Fall assessment tool Fall assessment tool
Role-Play Scenarios Role-Play Scenarios
Describe the development of atherosclerosis, including its role in the risk of heart disease Describe the development of atherosclerosis, including its role in the risk of heart disease
Consider a two-period economy with no investment opportunities: first and second period output ... Consider a two-period economy with no investment opportunities: first and second period output ...
Time value money Time value money
Video: Flexor reflex & Crossed extensor reflex

For a complete list of videos, visit our video library