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Author Question: Betty won $500 in a poker tournament. She deposits her $500 winnings into a money market fund so ... (Read 90 times)

jhjkgdfhk

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on: Apr 19, 2019

Question 1

When money is used as a medium of exchange


◦ the need for a barter system diminishes.
◦ the cost of transactions increases.
◦ the need for a banking system in the economy decreases.
◦ it reduces the number of transactions in the economy.

Question 2

Betty won $500 in a poker tournament. She deposits her $500 winnings into a money market fund so that she can use the money next year to help her pay for a trip to Las Vegas. This is an example of money serving as a(n)


◦ unit of account.
◦ medium of exchange.
◦ store of value.
◦ investment good.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by jhjkgdfhk on Apr 19, 2019

tjayeee

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jhjkgdfhk

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Reply #2 on: Apr 19, 2019
Thanks


tjayeee

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Reply #3 on: Apr 19, 2019
Welcome :)


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