Author Question: Market exchange is typically an exchange of goods for money, as opposed to goods for goods, because ... (Read 124 times)

colton

  • Hero Member
  • *****
  • Posts: 627
Market exchange is typically an exchange of goods for money, as opposed to goods for goods, because use of money solves the problem of
 
  A) the absence of a coincidence of wants.
  B) the absence of a double coincidence of wants.
  C) a coincidence of needs.
  D) tax evasion.

Question 2

The quantity theory of money ________.
 
  A) is the product of classical economists
  B) links total income to a country's supply of money
  C) is derived from the equation of exchange
  D) all of the above
  E) none of the above



SeanoH09

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

B

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

For a complete list of videos, visit our video library