Author Question: If the quantity of wood purchased decreases when the price of wood rises, a graph representing these ... (Read 162 times)

CharlieWard · **on:** Jun 29, 2018

If the quantity of wood purchased decreases when the price of wood rises, a graph representing these variables would have

A) time on the vertical axis.
B) the slope on the vertical axis.
C) a negative slope.
D) a positive slope.

Question 2

Which of the statements below best explains how the use of money in an economy adds to the wealth of the society using it? Money creates wealth

A) because it is capital.
B) by earning interest.
C) by making specialization less costly.
D) insofar as it is invested rather than consumed.