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 155 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?

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

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

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?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

For a complete list of videos, visit our video library