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2.Explain the difference between government purchases and transfer payments Give two examples of each. 3.What are the three functions of money?Which of the functions do the following items satisfy?Which do they not satisfy? a.A credit card b.A painting by Rembrandt c.A subway token 4.Describe the difference between frictional unemployment and structual unemployment2.Explain the difference between government purchases and transfer payments. Give two examples of each. 3.What are the three functions of money? Which of the functions do the following items satisfy? Which do they not satisfy? a.A credit card b.A painting by Rembrandt c.A subway token 4.Describe the difference between frictional unemployment and structual unemployment
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