Which of the following is an example of money serving as a medium ...

[cnetterville]

Which of the following is an example of money serving as a medium of exchange?
 a. John buys a cup of coffee and a roll at the faculty dining room.
  b. Steve puts a five-dollar bill in his money belt.
 c. Scott deposits cash into a savings account.
 d. Roland puts his coins into a piggy bank.

Question 2

An increase in the money supply will lead to an increase in equilibrium real GDP only if:
 a. the aggregate demand curve is horizontal.
  b. the aggregate supply curve is vertical.
  c. the investment function is horizontal.
  d. the aggregate supply curve is not vertical.
  e. the investment function is upward-sloping.

[angrybirds13579]

Answer to Question 1

a

Answer to Question 2

d

[cnetterville]

Excellent

[abro1885]

Thanks for the timely response, appreciate it