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Author Question: Which characteristic does money currently not have? A) It is issued by a government or central ... (Read 66 times)

fagboi

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on: Jun 30, 2018
Which characteristic does money currently not have?
 
  A) It is issued by a government or central bank.
  B) It is considered valuable.
  C) It is backed by gold.
  D) It is a durable good.

Question 2

In the (consumption,leisure) space, indifference curves as we have assumed them are
 
  A) downward sloping and bowed out of the origin.
  B) downward sloping and bowed towards the origin.
  C) upward sloping and bowed out of the origin.
  D) upward sloping and bowed towards the origin.


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aidanmbrowne

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

B


fagboi

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

ryhom

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Reply 3 on: Yesterday
Excellent

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