Money will fail to serve as a medium of exchange if it ceases to be a store of value. Indicate ...

Author Question: Money will fail to serve as a medium of exchange if it ceases to be a store of value. Indicate ... (Read 69 times)

ENagel

Hero Member
Posts: 540

on: Jun 29, 2018

Money will fail to serve as a medium of exchange if it ceases to be a store of value.

Indicate whether the statement is true or false

Question 2

Refer to Figure 11-4. The movement from E to B to D in the figure above illustrates

A) diminishing returns to capital. B) an improvement in technology.
C) diminishing returns to labor. D) a decline in capital per worker.

jonathanballen97

Sr. Member
Posts: 347

Reply #1 on: Jun 29, 2018

Answer to Question 1

TRUE

Answer to Question 2

B

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