Author Question: Money's function as a medium of exchange means that A) money is a common denominator for ... (Read 138 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?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

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.

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.

For a complete list of videos, visit our video library