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 64 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

Dominic

  • Member
  • Posts: 328
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Circulation of the blood. Circulation of the blood.
Cardiac circulation Cardiac circulation
“Bad,” “neutral,” and “good” mutations. “Bad,” “neutral,” and “good” mutations.
Rate of Residential Change, Past Year, in the United States Rate of Residential Change, Past Year, in the United States
Leading Sites of Cancer Deaths in the United States, 2013 Leading Sites of Cancer Deaths in the United States, 2013
Major events in the storage, retrieval, and use of fuels in the fed and unfed states Major events in the storage, retrieval, and use of fuels in the fed and unfed states
Video: Oxygen - hemoglobin dissociation curve & Hemoglobin's affinity with oxygen - acidity

For a complete list of videos, visit our video library