Author Question: When people who are holding the money of some other country want to exchange it for U.S. dollars, ... (Read 37 times)

ericka1

  • Hero Member
  • *****
  • Posts: 544
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

  • Sr. Member
  • ****
  • Posts: 328
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

For a complete list of videos, visit our video library