Author Question: Which of these signifies the role of money in any economy? a. It acts as a tool for poverty ... (Read 89 times)

Anajune7

  • Hero Member
  • *****
  • Posts: 574
Which of these signifies the role of money in any economy?
 a. It acts as a tool for poverty alleviation in an economy.
 b. It serves as a medium of exchange in an economy.
 c. It indicates the economic wellbeing of a nation.
 d. It helps to differentiate between the nominal and real income of a nation.
  e. It is a clear indicator of the growth in national income.

Question 2

Excluding foreign competition, which of the following is an oligopoly in the United States?
 a. The computer industry.
  b. The automobile industry.
  c. The steel industry.
  d. All of these are oligopolies.



poopface

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

b

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

For a complete list of videos, visit our video library