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

Author Question: If a friend of yours keeps cash hidden under the mattress, he is using money as a A) medium of ... (Read 153 times)

B

  • Hero Member
  • *****
  • Posts: 570
If a friend of yours keeps cash hidden under the mattress, he is using money as a
 
  A) medium of exchange. B) unit of accounting.
  C) store of value. D) standard of deferred value.

Question 2

Refer to the figure above. When the demand curve for gas is D2 and the supply curve for gas is S, the surplus in the market when price is 8 is:
 
  A) 20 gallons. B) 55 gallons. C) 25 gallons. D) 50 gallons.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

swimkari

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

C

Answer to Question 2

D



B

  • Hero Member
  • *****
  • Posts: 570

swimkari

  • Sr. Member
  • ****
  • Posts: 332

 

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

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