This topic contains a solution. Click here to go to the answer

Author Question: Without an accepted medium of exchange, people A) have to specialize in one area of production. ... (Read 69 times)

s.tung

  • Hero Member
  • *****
  • Posts: 577
Without an accepted medium of exchange, people
 
  A) have to specialize in one area of production.
  B) have to resort to barter in order to exchange goods and services.
  C) have to rely on gold or silver in order to exchange goods and services.
  D) can efficiently obtain goods and services.

Question 2

In the above figure, the marginal propensity to consume (MPC) equals
 
  A) 0.9. B) 0.75. C) 0.8. D) 0.85.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

emilymalinowski12

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

B

Answer to Question 2

A




s.tung

  • Member
  • Posts: 577
Reply 2 on: Jun 30, 2018
:D TYSM


amit

  • Member
  • Posts: 364
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

For a complete list of videos, visit our video library