This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Something becomes money only if A) people use it as a general medium of exchange. B) it is ... (Read 112 times)

ap345

  • Hero Member
  • *****
  • Posts: 537
on: Jun 29, 2018
Something becomes money only if
 
  A) people use it as a general medium of exchange.
  B) it is backed by another commodity, typically gold or silver bullion.
  C) the central government says it's money.
  D) it promises to pay the bearer a fixed quantity of a scarce metallic good.

Question 2

There are two major Internet service providers in Eduland. One company has a market share of 60 and the other firm has a market share of 40. The Herfindahl-Hirschman Index for this industry is ________.
 
  A) 100,000
  B) 1,200
  C) 5,200
  D) 100


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

LegendaryAnswers

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


ap345

  • Member
  • Posts: 537
Reply 2 on: Jun 29, 2018
:D TYSM

cam1229

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Countercurrent heat exchange in the lateral muscles of bluefin tuna. Countercurrent heat exchange in the lateral muscles of bluefin tuna.
Tunicates in general are pretty weird. Tunicates in general are pretty weird.
Monstrous people from distant lands depicted in a fifteenth-century European woodcut. Monstrous people from distant lands depicted in a fifteenth-century European woodcut.
Early in the twentieth century, when malnutrition was common, companies such as this one advertised Early in the twentieth century, when malnutrition was common, companies such as this one advertised
Ads from the public service campaign in the late 1960s and early 1970s that encouraged people to get ... Ads from the public service campaign in the late 1960s and early 1970s that encouraged people to get ...
Sensory Crossover Device for Visually Impaired People Sensory Crossover Device for Visually Impaired People
Video: Transmission Across a Synapse

For a complete list of videos, visit our video library