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 75 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
Gracias!


pangili4

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

For a complete list of videos, visit our video library