Which function of money does the liquidity approach to measuring money stress?
A. store of value
B. standard of deferred payment
C. unit of account
D. medium of exchange
Answer: A
You might also like to view...
Using the figure above, suppose education is provided by public colleges, where tuition is set at $10,000 a year
When the market is in equilibrium, the marginal social benefit is ________, the marginal cost is ________, and the number of students enrolled is ________. A) $25,000; $25,000; efficient B) $25,000; $10,000; inefficient C) $15,000; $25,000; inefficient D) $15,000; $15,000; efficient E) $25,000; $15,000; inefficient
The above table gives the demand and supply schedules for cat food. If the supply increases by 20 tons at every price, what is the new equilibrium price and quantity?
What will be an ideal response?
Countries that have flexible exchange rates are known to possess some certain economic characteristics. What are they?
What will be an ideal response?
A corporation is not
a. a legal identity separate from shareholders b. eligible to issue stock as a method of acquiring capital to expand operations c. allowed to file for bankruptcy protection d. a business form allowing owners to earn income e. a business organization whose ownership is the same as management