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Author Question: What is the most common reason people demand money? A) Each bill and coin is a reflection of ... (Read 65 times)

Tazate

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What is the most common reason people demand money?
 
  A) Each bill and coin is a reflection of important people and events in a nation's history.
  B) Since very few of us engage in a flow of transactions, money is our financial safety net.
  C) People desire to use money as a medium of exchange when they buy goods and services.
  D) They demand money to ensure that the nation's government will not spend too much.

Question 2

When Annie puts her money in her sock drawer for purchases later on, money is acting as a
 
  A) unit of accounting. B) standard of deferred payment.
  C) store of value. D) medium of exchange.



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Ahnyah

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Answer to Question 1

C

Answer to Question 2

C




Tazate

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Reply 2 on: Jun 30, 2018
Excellent


jamesnevil303

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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