Author Question: Money's function as a medium of exchange means that A) money is a common denominator for ... (Read 135 times)

Mollykgkg

  • Hero Member
  • *****
  • Posts: 529
Money's function as a medium of exchange means that
 
  A) money is a common denominator for expressing the prices of goods and services.
  B) money can be used to store wealth.
  C) money serves as an acceptable means of payment.
  D) money requires a double coincidence of wants.

Question 2

Use the information in the table above to calculate the value of government saving.
 
  A) 15 million
  B) -5 million
  C) 5 million
  D) 45 million



AISCAMPING

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

C

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

Mollykgkg

  • Hero Member
  • *****
  • Posts: 529

AISCAMPING

  • Sr. Member
  • ****
  • Posts: 347

 

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

For a complete list of videos, visit our video library