Author Question: For something to serve as money, it must be A) light, durable, and common. B) convertible to ... (Read 70 times)

nmorano1

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For something to serve as money, it must be
 
  A) light, durable, and common. B) convertible to gold.
  C) backed by the authority of the government. D) generally accepted by buyers and sellers.

Question 2

The total of all planned real expenditures in the economy is called
 
  A) aggregate consumption. B) aggregate demand.
  C) aggregate spending. D) aggregate GDP.



nikmaaacs

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Answer to Question 1

D

Answer to Question 2

B



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