Author Question: For something to serve as money, it must be A) light, durable, and common. B) convertible to ... (Read 85 times)

nmorano1

  • Hero Member
  • *****
  • Posts: 598
For something to serve as money, it must be
 
  A) light, durable, and common. B) convertible to gold.
  C) backed by the authority of the government. D) generally accepted by buyers and sellers.

Question 2

The total of all planned real expenditures in the economy is called
 
  A) aggregate consumption. B) aggregate demand.
  C) aggregate spending. D) aggregate GDP.



nikmaaacs

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

D

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

nikmaaacs

  • Sr. Member
  • ****
  • Posts: 335

 

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

For a complete list of videos, visit our video library