Money provides a way to transfer wealth into the future. This function of money is known as
A) medium of exchange. B) unit of accounting.
C) store of value. D) standard of deferred payment.
C
Economics
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Which of the following statements is true?
A) Firms are the demanders in the market for labor as well as the market for consumer goods. B) Firms are the suppliers in the market for labor as well as the market for consumer goods. C) Firms are the demanders in the market for labor, whereas they are the suppliers in the market for consumer goods. D) Firms are the suppliers in the market for labor, whereas they are the demanders in the market for consumer goods.
Economics
Gross federal debt in 2005 was approximately what percent of 2005 GDP?
a. 5 percent b. 25 percent c. 40 percent d. 50 percent e. 90 percent
Economics