Author Question: Capital conversion is the process by which: a) investment is made in banks. b) regulations are ... (Read 24 times)

maychende

  • Hero Member
  • *****
  • Posts: 556
Capital conversion is the process by which:
 
  a) investment is made in banks.
  b) regulations are instituted in the economy.
  c) nonmonetary resources are changed into items that can be bought and sold.
  d) currency exchange rates are determined.

Question 2

How does debt money actually become worth something?
 
  a) By being converted into new types of debt
  b) Through government decree
  c) In situations in which debt money is backed by gold
  d) By being converted into something of value



lindahyatt42

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

ANS: C

Answer to Question 2

ANS: D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

For a complete list of videos, visit our video library