Which of the statements below best explains how the use of money in an economy adds to the wealth of the society using it? Money creates wealth
A) because it is capital.
B) by earning interest.
C) by making specialization less costly.
D) insofar as it is invested rather than consumed.
C
You might also like to view...
According to the Bureau of Labor Statistics, the time spent working on days worked is
A) longer for men than it is for women. B) longer for women than it is for men. C) roughly equal for all men and women. D) roughly equal for men and women closer to age 45, but longer for women closer to retirement age than for men closer to retirement age.
Four major rivers flow from the decreasing snow melt of the Himalayan mountains. If you are a resident of northern India, which of these four rivers is most likely to threaten food production?
A. The Indus B. The Yangtze C. The Mekong D. The Ganges
Sugar is an input used to produce cereal. Suppose that the price of sugar rises. As a result
A) the supply curve for sugar will shift to the right.
B) the supply curve for sugar will shift to the left.
C) the supply curve for cereal will shift to the right.
D) the supply curve for cereal will shift to the left.
The economy pictured in the figure below has a(n) ________ gap with a short-run equilibrium combination of inflation and output indicated by point ________. 
A. recessionary; B B. recessionary; C C. recessionary; A D. expansionary; A