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Author Question: When people who are holding the money of some other country want to exchange it for U.S. dollars, ... (Read 112 times)

ericka1

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on: Jun 29, 2018
When people who are holding the money of some other country want to exchange it for U.S. dollars, they ________ U.S. dollars and ________ that other country's money.
 
  A) demand; supply
  B) supply; supply
  C) supply; demand
  D) demand; demand

Question 2

Which of the following applies to money when it serves as a store of value?
 
  I. Money is a store of value because it is an agreed measure for stating goods' prices.
  II. The more stable money's value, the better it serves as a store of value.
  III. When money serves as a store of value, it requires a double coincidence of wants.
  A) I only
  B) II only
  C) I and II
  D) II and III


Benayers

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

A

Answer to Question 2

B


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