This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A good can serve as money only if A) citizens accept the good as a means of payment for ... (Read 31 times)

ghost!

  • Hero Member
  • *****
  • Posts: 560
on: Jun 29, 2018
A good can serve as money only if
 
  A) citizens accept the good as a means of payment for transactions and debts.
  B) government mandates that the good must be accepted in payment of debts.
  C) it is declared by authorities to be legal tender.
  D) it has intrinsic value or if it is backed by precious metals.

Question 2

Assume that the hourly price for the services of personal trainers has risen and sales of these services have also risen. One can conclude that
 
  A) the demand for personal trainers has increased.
  B) personal trainers are deliberately charging high prices because they provide services for wealthy clients.
  C) the number of personal trainers has increased.
  D) the law of demand has been violated.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

covalentbond

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


ghost!

  • Member
  • Posts: 560
Reply 2 on: Jun 29, 2018
Wow, this really help

amcvicar

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

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.

good to eat good to eat
In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th
Group fitness activities geared toward senior citizens can improve their physical strength and ... Group fitness activities geared toward senior citizens can improve their physical strength and ...
Good alignment for sitting posture. Good alignment for sitting posture.
Peanut butter is good source of protein Peanut butter is good source of protein
Kidney beans, steak, and iron-fortified bread and cereal are good sources of iron Kidney beans, steak, and iron-fortified bread and cereal are good sources of iron
Video: Leukemia

For a complete list of videos, visit our video library