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Author Question: The fact that using money avoids the double coincidence of wants necessary in a barter economy ... (Read 48 times)

oliviahorn72

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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

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


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