Unformatted text preview: D) an exchange-rate union. Answer: C In economics, money refers to A) income. B) wealth. C) assets used and accepted as payment. D) currency. Answer: C When aggregate economic activity is increasing, the economy is said to be in A) an expansion. B) a contraction. C) a peak. D) a turning point. Answer: A...
View Full Document
This note was uploaded on 07/17/2008 for the course ECON 508 taught by Professor Fleisher during the Winter '06 term at Ohio State.
- Winter '06