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Author Question: Something becomes money only if A) people use it as a general medium of exchange. B) it is ... (Read 85 times)

ap345

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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


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LegendaryAnswers

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

A

Answer to Question 2

C


ap345

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

ktidd

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Reply 3 on: Yesterday
Wow, this really help

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