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Author Question: If a friend of yours keeps cash hidden under the mattress, he is using money as a A) medium of ... (Read 31 times)

B

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If a friend of yours keeps cash hidden under the mattress, he is using money as a
 
  A) medium of exchange. B) unit of accounting.
  C) store of value. D) standard of deferred value.

Question 2

Refer to the figure above. When the demand curve for gas is D2 and the supply curve for gas is S, the surplus in the market when price is 8 is:
 
  A) 20 gallons. B) 55 gallons. C) 25 gallons. D) 50 gallons.



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swimkari

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Answer to Question 1

C

Answer to Question 2

D



B

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swimkari

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