Author Question: The aggregate demand curve shows the A) total amount of nominal goods that the participants in ... (Read 87 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
The aggregate demand curve shows the
 
  A) total amount of nominal goods that the participants in the economy want to purchase.
  B) amount of goods producers will produce as production costs fall.
  C) total amount of real goods that foreigners want to purchase.
  D) total amount of planned expenditures on goods and services at each possible price level.

Question 2

One of the benefits of money as a medium of exchange is that
 
  A) it allows individuals to compare the relative value of goods.
  B) it allows for specialization that leads to economic efficiencies.
  C) over time it will become more valuable so that individuals can purchase more goods and services.
  D) it allows for private transactions such as trading vegetables for medical services.



Qarqy

  • Sr. Member
  • ****
  • Posts: 313
Answer to Question 1

D

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

For a complete list of videos, visit our video library