Author Question: When people who are holding the money of some other country want to exchange it for U.S. dollars, ... (Read 44 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?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

For a complete list of videos, visit our video library