Author Question: Asset demand for money is related to money functioning as a A) unit of accounting. B) medium of ... (Read 86 times)

rayancarla1 · **on:** Jun 29, 2018

Asset demand for money is related to money functioning as a

A) unit of accounting.
B) medium of exchange.
C) store of value.
D) medium of deferred payment.

Question 2

Whenever average output produced per worker during a specific time-period increases, then

A) leisure time increases.
B) nominal GDP decreases.
C) labor productivity increases.
D) the standard of living goes down.