Author Question: Money's function as a medium of exchange means that A) money is a common denominator for ... (Read 124 times)

Mollykgkg

  • Hero Member
  • *****
  • Posts: 529
Money's function as a medium of exchange means that
 
  A) money is a common denominator for expressing the prices of goods and services.
  B) money can be used to store wealth.
  C) money serves as an acceptable means of payment.
  D) money requires a double coincidence of wants.

Question 2

Use the information in the table above to calculate the value of government saving.
 
  A) 15 million
  B) -5 million
  C) 5 million
  D) 45 million



AISCAMPING

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

C

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

Mollykgkg

  • Hero Member
  • *****
  • Posts: 529

AISCAMPING

  • Sr. Member
  • ****
  • Posts: 347

 

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

For a complete list of videos, visit our video library