Asked by Anonymous
1. Why is representative money more useful than commodity money?
B. Representative money has value because the government says it does.
C. Representative money exists in unlimited supply, so more people use it.
D. Representative money is portable, durable, divisible, and acceptable.
2. A day trader tries to make a profit by
A. investing only in blue chip stocks.
B. speculating with borrowed money.
D. taking advantage of minute-by-minute changes in stock prices.
B. Representative money has value because the government says it does.
C. Representative money exists in unlimited supply, so more people use it.
D. Representative money is portable, durable, divisible, and acceptable.
2. A day trader tries to make a profit by
A. investing only in blue chip stocks.
B. speculating with borrowed money.
D. taking advantage of minute-by-minute changes in stock prices.
Answers
Answered by
Anonymous
1. I got D
2. I say D too?
2. I say D too?
Answered by
Anonymous
he could make a profit of investing in blue chips
Answered by
Ms. Sue
1.
http://en.wikipedia.org/wiki/Commodity_money
2.
http://www.sec.gov/answers/daytrading.htm
http://en.wikipedia.org/wiki/Commodity_money
2.
http://www.sec.gov/answers/daytrading.htm
Answered by
Ms. Sue
Yes, 1 is D.
Answered by
Anonymous
2 is B
Answered by
Anonymous
Not B i still say D
Answered by
Ms. Sue
2 is also D.
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