Assuming that beer is a normal good, what will happen to the demand for beer near college towns if student income increased?

If money is used as a mechanism to hold purchasing power for a period of time it is functioning as a

A) unit of account. B) medium of exchange. C) store of value. D) standard of value.

The current role of the International Monetary Fund is one of

a. supervising a system of fixed exchange rates. b. providing assistance to countries with currency or debt problems. c. setting exchange rates based on a gold exchange standard. d. acting as a lender of last resort to central banks.