Author Question: Which of these signifies the role of money in any economy? a. It acts as a tool for poverty ... (Read 48 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?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

For a complete list of videos, visit our video library