Author Question: For something to serve as money, it must be A) light, durable, and common. B) convertible to ... (Read 84 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?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

For a complete list of videos, visit our video library