This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When money is accepted as payment for a good or service, it is being used as a A) medium of ... (Read 25 times)

809779

  • Hero Member
  • *****
  • Posts: 579
on: Jun 30, 2018
When money is accepted as payment for a good or service, it is being used as a
 
  A) medium of exchange.
  B) mechanism for transforming current purchases into future purchases.
  C) store of value.
  D) unit of account.

Question 2

Let C = 40 + 0.8y and I = 10. Autonomous consumption is
 
  A) 10. B) 32. C) 40. D) 50.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Koolkid240

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

C


809779

  • Hero Member
  • *****
  • Posts: 579
Reply #2 on: Jun 30, 2018
Correct answers!


Koolkid240

  • Sr. Member
  • ****
  • Posts: 357
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

A good Mnemonic to know Mg K Ca Na A good Mnemonic to know Mg K Ca Na
Masaccio, The Tribute Money. Masaccio, The Tribute Money.
Remove all jewelry before performing service work on any vehicle. Remove all jewelry before performing service work on any vehicle.
Washing hands and removing jewelry are two important safety habits all service technicians ... Washing hands and removing jewelry are two important safety habits all service technicians ...
Students and Money Students and Money
Circular movement of ice over lateral area just distal to the elbow. Use medium pressure to apply ... Circular movement of ice over lateral area just distal to the elbow. Use medium pressure to apply ...
Video: Transcription - Introns and exons

For a complete list of videos, visit our video library