D089 module 9 - Study guides, Class notes & Summaries
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WGU D089 Principles of Economics Exam Package Deal Full Solutions Pack
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WGU D089 Principles of Economics Exam with Complete Solutions
WGU D089 Module 2-Solved
WGU 089 Module 4-Solved 100%
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WGU D089 Module 9-Solved 100%
WGU D089 -Principles of Economics - Module 7- Solved
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D089 Principles of Economics Questions and Answers 100% Correct
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WGU D089 Module 9-Solved 100%
- Exam (elaborations) • 15 pages • 2023
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Identify and describe the four functions of money. - ANSWER-medium of exchange, a store of value, unit of account and a standard of deferred payment 
 
What is included in the M1 measure of money? How does this differ from the M2 measure of money? - ANSWER-M1 is monies that are very liquid such as cash, checkable deposits, and traveler's checks. 
M2 is less liquid and includes M1 plus those classified as near money like savings, time deposits, certificates of deposits and money market funds. 
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D089 - Module 9 - Stabilization Policies Exam
- Exam (elaborations) • 4 pages • 2023
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Medium of Exchange - ANSWER-Money is used as a method of payment for goods and services. 
 
Store of value - ANSWER-People use money to preserve purchasing power from the present to the future. 
 
Unit of account - ANSWER-Money is used to measure and compare the values of goods and services. 
 
Standard of deferred payment - ANSWER-Loans and future agreements are stated in monetary terms. 
 
List the characteristics of successful currencies. - ANSWER-Durable, divisible, portable, and resistant t...
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ECON D089 - Study Guide Questions Module 1-9 Principles of Economics 2021/2022 Study Guide
- Summary • 21 pages • 2022
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ECON D089 - Study Guide Questions Module 1-9 Principles of Economics 2021/2022 Study Guide
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WGU D089: Module 1 Questions and Answers Graded A
- Exam (elaborations) • 17 pages • 2023
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WGU D089: Module 1 Questions and Answers Graded A 
What are the three fundamental questions every economy must answer? Give an example of a "What" question. What to produce, how it will be produced, and from whom the goods or services are produced. What to produce (Oil vs. Cattle), How to (Current vs. New technology), From who to produce 
What do economists mean when they say that people "think at the margin"? Thinking about the next step or an additional action means for a person. 
Accordin...
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ECON D089 - Study Guide Questions Module 1-9 Principles of Economics 2021/2022 Study Guide
- Exam (elaborations) • 21 pages • 2022
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ECON D089 - Study Guide Questions Module 1-9 Principles of Economics 2021/2022 Study Guide
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ECON D089 - Study Guide Questions Module 1-9 Principles of Economics 2021/2022 Study Guide
- Summary • 21 pages • 2022
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ECON D089 - Study Guide Questions Module 1-9 Principles of Economics 2021/2022 Study Guide
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ECON D089 - Study Guide Questions Module 1-9 Principles of Economics 2021/2022 Study Guide
- Summary • 21 pages • 2022
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- $24.49
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ECON D089 - Study Guide Questions Module 1-9 Principles of Economics 2021/2022 Study Guide
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ECON D089 - Study Guide Questions Module 1-9 Principles of Economics 2021/2022 Study Guide
- Summary • 21 pages • 2022
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- $24.49
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ECON D089 - Study Guide Questions Module 1-9 Principles of Economics 2021/2022 Study Guide
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ECON D089 - Study Guide Questions Module 1-9 Principles of Economics 2021/2022 Study Guide
- Summary • 21 pages • 2022
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- $24.49
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ECON D089 - Study Guide Questions Module 1-9 Principles of Economics 2021/2022 Study Guide
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