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Author Question: Money serves as a medium of exchange means that A) it benefits both buyers and sellers. B) it ... (Read 28 times)

lunatika

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on: Jun 30, 2018
Money serves as a medium of exchange means that
 
  A) it benefits both buyers and sellers. B) it eliminates the need for barter.
  C) it reduces transaction costs. D) All of the above are correct.

Question 2

An increase in total planned real expenditures that is caused by a factor other than the price level will lead to the
 
  A) aggregate demand curve shifting to the right. B) aggregate demand curve shifting to the left.
  C) aggregate supply curve shifting to the left. D) aggregate supply curve shifting to the right.


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bitingbit

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


lunatika

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Reply #2 on: Jun 30, 2018
Thank you :)


bitingbit

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Reply #3 on: Jun 30, 2018
Happy to help you


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