Something becomes money only if A) people use it as a general ...

[ap345]

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

[LegendaryAnswers]

Answer to Question 1

A

Answer to Question 2

C

[ap345]

Gracias!

[laurnthompson]

Thanks for the timely response, appreciate it