Homework Help: Economics

Posted by Anonymous on Monday, June 4, 2012 at 10:03pm.

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.

Economics - Anonymous, Monday, June 4, 2012 at 10:04pm
1. I got D
2. I say D too?
Economics - Anonymous, Monday, June 4, 2012 at 10:06pm
he could make a profit of investing in blue chips
Economics - Ms. Sue, Monday, June 4, 2012 at 10:08pm
1.
http://en.wikipedia.org/wiki/Commodity_money

2.
http://www.sec.gov/answers/daytrading.htm
Economics - Ms. Sue, Monday, June 4, 2012 at 10:10pm
Yes, 1 is D.
Economics - Anonymous, Monday, June 4, 2012 at 10:12pm
2 is B
Economics - Anonymous, Monday, June 4, 2012 at 10:21pm
Not B i still say D
Economics - Ms. Sue, Monday, June 4, 2012 at 10:26pm
2 is also D.

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