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

Author Question: When money is accepted as payment for a good or service, it is being used as a A) medium of ... (Read 91 times)

809779

  • Hero Member
  • *****
  • Posts: 579
on: Jun 30, 2018
When money is accepted as payment for a good or service, it is being used as a
 
  A) medium of exchange.
  B) mechanism for transforming current purchases into future purchases.
  C) store of value.
  D) unit of account.

Question 2

Let C = 40 + 0.8y and I = 10. Autonomous consumption is
 
  A) 10. B) 32. C) 40. D) 50.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Koolkid240

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

C


809779

  • Hero Member
  • *****
  • Posts: 579
Reply #2 on: Jun 30, 2018
Correct answers!


Koolkid240

  • Sr. Member
  • ****
  • Posts: 357
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

The Common Pochard, Aythya ferina, is a medium-sized diving duck. The Common Pochard, Aythya ferina, is a medium-sized diving duck.
Stars and the Interstellar Medium Stars and the Interstellar Medium
“Bad,” “neutral,” and “good” mutations. “Bad,” “neutral,” and “good” mutations.
Linesman’s pliers are very useful because they can help perform many automotive service jobs. Linesman’s pliers are very useful because they can help perform many automotive service jobs.
Note the discovery as the air filter housing was opened during service on a Pontiac Bonneville. The ... Note the discovery as the air filter housing was opened during service on a Pontiac Bonneville. The ...
A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ... A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ...
Video: Proteins

For a complete list of videos, visit our video library