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Author Question: Which of the following is an example of money functioning as a store of value? A) Comcast ... (Read 48 times)

michelleunicorn

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on: Jun 29, 2018
Which of the following is an example of money functioning as a store of value?
 
  A) Comcast charging 99 for internet, phone and cable service.
  B) McDonalds charging 99 cents for a burger.
  C) Your saving your spare change in a jar in order to afford an end-of-term party.
  D) Amazon.com charging 9.95 for shipping.

Question 2

The figure above shows Sam's budget line. The magnitude of the slope of Sam's budget line is equal to the
 
  A) quantity of coffee purchased divided by the quantity of gasoline purchased.
  B) price of coffee divided by the price of gasoline.
  C) quantity of gasoline purchased divided by the quantity of coffee purchased.
  D) price of gasoline divided by the price of coffee.


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zacnyjessica

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


michelleunicorn

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

brbarasa

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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