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 75 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
Thanks for the timely response, appreciate it


jojobee318

  • Member
  • Posts: 298
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

For a complete list of videos, visit our video library