This topic contains a solution. Click here to go to the answer

Author Question: A good can serve as money only if A) citizens accept the good as a means of payment for ... (Read 76 times)

ghost!

  • Hero Member
  • *****
  • Posts: 560
A good can serve as money only if
 
  A) citizens accept the good as a means of payment for transactions and debts.
  B) government mandates that the good must be accepted in payment of debts.
  C) it is declared by authorities to be legal tender.
  D) it has intrinsic value or if it is backed by precious metals.

Question 2

Assume that the hourly price for the services of personal trainers has risen and sales of these services have also risen. One can conclude that
 
  A) the demand for personal trainers has increased.
  B) personal trainers are deliberately charging high prices because they provide services for wealthy clients.
  C) the number of personal trainers has increased.
  D) the law of demand has been violated.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

covalentbond

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

A

Answer to Question 2

A




ghost!

  • Member
  • Posts: 560
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


blakcmamba

  • Member
  • Posts: 335
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

For a complete list of videos, visit our video library