Author Question: The aggregate demand curve shows the A) total amount of nominal goods that the participants in ... (Read 41 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
The aggregate demand curve shows the
 
  A) total amount of nominal goods that the participants in the economy want to purchase.
  B) amount of goods producers will produce as production costs fall.
  C) total amount of real goods that foreigners want to purchase.
  D) total amount of planned expenditures on goods and services at each possible price level.

Question 2

One of the benefits of money as a medium of exchange is that
 
  A) it allows individuals to compare the relative value of goods.
  B) it allows for specialization that leads to economic efficiencies.
  C) over time it will become more valuable so that individuals can purchase more goods and services.
  D) it allows for private transactions such as trading vegetables for medical services.



Qarqy

  • Sr. Member
  • ****
  • Posts: 313
Answer to Question 1

D

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

For a complete list of videos, visit our video library