If a friend of yours keeps cash hidden under the mattress, he is ...

[B]

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.

[swimkari]

Answer to Question 1

C

Answer to Question 2

D

[B]

Correct answers!

[swimkari]

Great! Please up vote