You write a check to your landlord to pay the rent on your apartment. To your landlord, your check represents
a. a claim to goods and services in the future.
b. a good with intrinsic value
c. a double coincidence of wants.
d. a good with immediate value.
a
Economics
You might also like to view...
Who would be most likely to move from Europe to the New World in the early 1600s?
a. A 19 year-old, first born son with many skills b. A 37 year-old skilled carpenter c. A 17 year-old from a poor family d. A 21 year-old woman e. An unskilled laborer with a wife and two children
Economics
Based on the table of Real GDP, which comparison of the nominal GDP and the real GDP is accurate?
a. The nominal GDP is usually equal to the real GDP.
b. The nominal GDP is usually less than the real GDP.
c. The nominal GDP is usually more than the real GDP.
d. The relationship between nominal and real GDP depends on the base year.
Economics