« previous next »

Author Question: The fact that using money avoids the double coincidence of wants necessary in a barter economy ... (Read 91 times)

oliviahorn72

  • Hero Member
  • *****
  • Posts: 579
on: Jun 29, 2018
The fact that using money avoids the double coincidence of wants necessary in a barter economy illustrates which function of money?
 
  A) medium of exchange
  B) unit of account
  C) store of value
  D) source of liquidity

Question 2

If national saving (S) is 100,000, net taxes (T) equal 100,000 and government expenditure (G) is 25,000, how much are households and businesses saving?
 
  A) 25,000
  B) 225,000
  C) -25,000
  D) none of the above


nickk12214

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Double Rainbow Double Rainbow
Single- and Double-Blind Procedures Single- and Double-Blind Procedures
Masaccio, The Tribute Money. Masaccio, The Tribute Money.
The DNA double helix as proposed by Watson and Crick The DNA double helix as proposed by Watson and Crick
The B-form DNA double helix The B-form DNA double helix
Grade 1 learn Canadian money Grade 1 learn Canadian money
Video: Introduction to Insulin

For a complete list of videos, visit our video library