Author Question: All of the following are cultural and moral assumptions that are associated with market exchange ... (Read 7 times)

ishan

  • Hero Member
  • *****
  • Posts: 546
All of the following are cultural and moral assumptions that are associated with market exchange EXCEPT:
 
  A) I will take a loss in some cases just to prove that I can exchange fairly.
  B) I anticipate a certain amount of deceit and unfairness.
  C) If you take advantage of me repeatedly, you will be punished.
  D) I will usually be treated fairly by people I do not know.
  E) I will exchange freely and with no restrictions.

Question 2

Market exchange is:
 
  A) found only in state societies.
  B) the primary distribution mechanism in most societies today.
  C) never found in horticultural and agricultural societies.
  D) the only true rational economic system that exists today.
  E) found universally in all societies today.



smrerig

  • Sr. Member
  • ****
  • Posts: 325
Answer to Question 1

E

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

For a complete list of videos, visit our video library