« previous next »

Author Question: As a result of money in an economy, A) transaction costs are higher than would be the case in a ... (Read 70 times)

stephzh

  • Hero Member
  • *****
  • Posts: 556
on: Jun 30, 2018
As a result of money in an economy,
 
  A) transaction costs are higher than would be the case in a barter economy.
  B) people are greedier than in a barter economy.
  C) real Gross Domestic Product (GDP) and economic growth are greater than they would be in a barter economy.
  D) stealing exists and people have to find ways to prevent theft.

Question 2

The wealth effect is another term for the
 
  A) the interest rate effect. B) the real-balance effect.
  C) substitution effect. D) the indirect effect.


millet

  • Sr. Member
  • ****
  • Posts: 354
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Longer regions have more crossovers and thus higher recombinant frequencies Longer regions have more crossovers and thus higher recombinant frequencies
Pancreatitis. Inflammation of the pancreas may be the result of a bacterial infection, trauma, or ch Pancreatitis. Inflammation of the pancreas may be the result of a bacterial infection, trauma, or ch
The monthly changes of angle between the direction of illumination by the Sun and viewing from Earth The monthly changes of angle between the direction of illumination by the Sun and viewing from Earth
Oil pressure relief valves are spring loaded. The stronger the spring tension, the higher the oil ... Oil pressure relief valves are spring loaded. The stronger the spring tension, the higher the oil ...
result of DGUC result of DGUC
The family described in Example Case 4 The family described in Example Case 4
Video: SNP Polymorphysim Microarray Chip - How to Test a Person's DNA

For a complete list of videos, visit our video library