Author Question: Capital conversion is the process by which: a) investment is made in banks. b) regulations are ... (Read 44 times)

maychende

  • Hero Member
  • *****
  • Posts: 556
Capital conversion is the process by which:
 
  a) investment is made in banks.
  b) regulations are instituted in the economy.
  c) nonmonetary resources are changed into items that can be bought and sold.
  d) currency exchange rates are determined.

Question 2

How does debt money actually become worth something?
 
  a) By being converted into new types of debt
  b) Through government decree
  c) In situations in which debt money is backed by gold
  d) By being converted into something of value



lindahyatt42

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

ANS: C

Answer to Question 2

ANS: D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

For a complete list of videos, visit our video library