The three functions of money are
A) store of value, medium of exchange, payment specie.
B) store of value, unit of account, bank settlement.
C) store of value, unit of account, to regulate the economy.
D) store of value, unit of account, medium of exchange.
D
Economics
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In the Keynesian model, if aggregate expenditures exceed aggregate output and inventories of firms fall, then the aggregate output and the business sector could be expected to:
A. increase output. B. decrease output. C. decrease investment. D. hire fewer workers.
Economics
If the capital stock decreases, then the economy will produce ____ output with the ____ amount of labor.
A. same, same B. less, same C. more, same D. more, decreased
Economics