« previous next »

Author Question: Matthew purchases a candy bar with his allowance. This purchase represents using money as A) a ... (Read 72 times)

jasdeep_brar

  • Hero Member
  • *****
  • Posts: 569
on: Jun 29, 2018
Matthew purchases a candy bar with his allowance. This purchase represents using money as
 
  A) a medium of exchange.
  B) a store of value.
  C) an unit of account.
  D) none of the above.

Question 2

Which of the following is TRUE regarding the real interest rate?
 
  I. The real interest rate is the opportunity cost of borrowed funds.
  II. The real interest rate equals the nominal interest rate adjusted for inflation.
  A) I
  B) II
  C) both I and II
  D) neither I nor II


Andromeda18

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

A

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

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 average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

St. Matthew, from the Lindisfarne Gospels. St. Matthew, from the Lindisfarne Gospels.
This advertisement from about 1885 represents an early stage of capitalism when individuals were ... This advertisement from about 1885 represents an early stage of capitalism when individuals were ...
How to determine if a table of values represents a linear or quadratic relationship How to determine if a table of values represents a linear or quadratic relationship
Sofia and Matthew put off having children Sofia and Matthew put off having children
Ethanol has the molecular formula C2H6O. Which ball and stick model shown above represents ... Ethanol has the molecular formula C2H6O. Which ball and stick model shown above represents ...
A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ... A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ...
Video: Dissociative Disorders (Part 1)

For a complete list of videos, visit our video library