This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Gresham's Law states that: a. Good money tends to drive bad money out of circulation. b. Virtual ... (Read 59 times)

Kikoku

  • Hero Member
  • *****
  • Posts: 540
on: Jun 30, 2018
Gresham's Law states that:
 a. Good money tends to drive bad money out of circulation.
  b. Virtual and electronic money tends to drive physical money out of circulation.
  c. Bad money tends to drive good money circulation.
  c. In times of financial instability, nations should gresham, which means to back their currencies by precious metals.
  d. In times of financial instability, commodity-backed money tends to drive electronic and virtual currencies from circulation.

Question 2

Which economy tends to use loyalty as a motivating factor?
 a. China
  b. India
  c. USSR
  d. Japan
  e. all of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Kedrick2014

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jun 30, 2018
Answer to Question 1

.C

Answer to Question 2

D


Kikoku

  • Member
  • Posts: 540
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

diana chang

  • Member
  • Posts: 288
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

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

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Generally, the total tax burden in the United States is much lower than that of other industrialize Generally, the total tax burden in the United States is much lower than that of other industrialize
The world attempted to deal with Somalia as if it were a real country but painfully learned that Som The world attempted to deal with Somalia as if it were a real country but painfully learned that Som
Is the self the same as the brain? Materialists contend that in the final analysis, mental states ... Is the self the same as the brain? Materialists contend that in the final analysis, mental states ...
A typical belt-driven AIR pump. Air enters through the revolving fins behind the drive pulley. The ... A typical belt-driven AIR pump. Air enters through the revolving fins behind the drive pulley. The ...
Pressure Zones Drive Winds Pressure Zones Drive Winds
Oatmeal and other whole grain cereals are good sources of carbohydrates to start your morning off Oatmeal and other whole grain cereals are good sources of carbohydrates to start your morning off
Video: Wound Repair Animation

For a complete list of videos, visit our video library