Question: 6 4 Points The usefulness of a currency is based on its supply. its demand. what it can buy. how it is priced. how it

6 4 Points The usefulness of a currency is based on its supply. its demand. what it can buy. how it is priced. how it is allocated. Question 7 4 Points News about current and expected economic conditions is easily available in the media every day. True False Question 8 4 Points When an actual income is greater than budgeted in Year 1 and there is no other new information, the Year 2 budget should use the actual result of Year 1. budgeted number from Year 1. greater of the budgeted and actual numbers from Year 1. average of the budgeted and actual numbers from Year 1. lesser of the budgeted and actual numbers from Year 1. Question 9 4 Points Paying for a home mortgage and children's education leads to greater wealth. risk tolerance. asset accumulation. income. income needs. Question 10 4 Points Investing in assets or selling capital can be more profitable than selling labor. True False

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