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

Author Question: Something becomes money only if A) people use it as a general medium of exchange. B) it is ... (Read 101 times)

ap345

  • Hero Member
  • *****
  • Posts: 537
Something becomes money only if
 
  A) people use it as a general medium of exchange.
  B) it is backed by another commodity, typically gold or silver bullion.
  C) the central government says it's money.
  D) it promises to pay the bearer a fixed quantity of a scarce metallic good.

Question 2

There are two major Internet service providers in Eduland. One company has a market share of 60 and the other firm has a market share of 40. The Herfindahl-Hirschman Index for this industry is ________.
 
  A) 100,000
  B) 1,200
  C) 5,200
  D) 100



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

LegendaryAnswers

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

A

Answer to Question 2

C




ap345

  • Member
  • Posts: 537
Reply 2 on: Jun 29, 2018
:D TYSM


at

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...

For a complete list of videos, visit our video library