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

Author Question: The main disadvantage of using money as a store of value is that (Read 42 times)

waynest

  • Hero Member
  • *****
  • Posts: 553
on: Apr 19, 2019

Question 1

When you keep your savings in a saving account, you are using money as a(n)


◦ investment good.
◦ store of value.
◦ medium of exchange.
◦ unit of account.

Question 2

The main disadvantage of using money as a store of value is that


◦ money is not portable.
◦ it requires a double coincidence of wants.
◦ currency is intrinsically worthless.
◦ the value of money actually falls when the prices of goods and services rise.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by waynest on Apr 19, 2019

k2629

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


waynest

  • Hero Member
  • *****
  • Posts: 553
Reply #2 on: Apr 19, 2019
Excellent


k2629

  • Sr. Member
  • ****
  • Posts: 357
Reply #3 on: Apr 19, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Four main models that describe the relationship between ecosystem function and biodiversity. Four main models that describe the relationship between ecosystem function and biodiversity.
The main events of mitosis and meiosis The main events of mitosis and meiosis
An angiogram that illustrates narrowing of the carotid artery (see arrow), the main pathway of blood ... An angiogram that illustrates narrowing of the carotid artery (see arrow), the main pathway of blood ...
Location of the main structures of the vessels Location of the main structures of the vessels
Two ways of treating blocked coronary arteries, the main cause of heart attacks in older adults. Two ways of treating blocked coronary arteries, the main cause of heart attacks in older adults.
Video: Labor and Childbirth - The Three Stages of Labor: Dilation, Expulsion & Placental مراحل الولادة

For a complete list of videos, visit our video library