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

Author Question: If a friend of yours keeps cash hidden under the mattress, he is using money as a A) medium of ... (Read 57 times)

B

  • Hero Member
  • *****
  • Posts: 570
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

swimkari

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

C

Answer to Question 2

D



B

  • Hero Member
  • *****
  • Posts: 570

swimkari

  • Sr. Member
  • ****
  • Posts: 332

 

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

For a complete list of videos, visit our video library