[Answered] Which of the following is the most liquid store of purchasing power? a. A dollar bill. b. Common ...

This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is the most liquid store of purchasing power? a. A dollar bill. b. Common ... (Read 37 times)

waynest

Hero Member
Posts: 553

on: Jun 30, 2018

Which of the following is the most liquid store of purchasing power?
a. A dollar bill.
b. Common stock.
c. Gold.
d. Real estate.

Question 2

Most industrialized nations today use a gold standard to establish exchange rates.
a. True
b. False
Indicate whether the statement is true or false

Need homework help now?

Ask unlimited questions for free

Ask a Question

Marked as best answer by a Subject Expert

bookworm410

Sr. Member
Posts: 341

Reply #1 on: Jun 30, 2018

Answer to Question 1

a

Answer to Question 2

False

waynest

Hero Member
Posts: 553

Reply #2 on: Jun 30, 2018

Thank you

bookworm410

Sr. Member
Posts: 341

Reply #3 on: Jun 30, 2018

Happy to help you

« previous next »

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

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