This topic contains a solution. Click here to go to the answer

Author Question: As inflation rates increase, money becomes less useful as a A) store of value. B) double ... (Read 66 times)

bclement10

  • Hero Member
  • *****
  • Posts: 560
As inflation rates increase, money becomes less useful as a
 
  A) store of value. B) double coincidence of wants.
  C) unit of account. D) medium of exchange.

Question 2

Possession of information by one party in a financial transaction but not by the other party is
 
  A) symmetric information. B) asymmetric information.
  C) informational hazard. D) financial intermediation.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Eazy416

  • Sr. Member
  • ****
  • Posts: 360
Answer to Question 1

A

Answer to Question 2

B




bclement10

  • Member
  • Posts: 560
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


ASDFGJLO

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

For a complete list of videos, visit our video library