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

Author Question: Money serves as a medium of exchange means that A) it benefits both buyers and sellers. B) it ... (Read 82 times)

lunatika

  • Hero Member
  • *****
  • Posts: 548
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bitingbit

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

D

Answer to Question 2

A





 

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

For a complete list of videos, visit our video library