This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What does the term market economy refer to? a. An economy that includes all of the various types ... (Read 94 times)

Chelseaamend

  • Hero Member
  • *****
  • Posts: 545
on: Jul 10, 2018
What does the term market economy refer to?
 
  a. An economy that includes all of the various types of exchanges equally
  b. An economy in which barter in local markets is the dominant form of exchange
  c. An economy organized around market principles
  d. An economy that is controlled and regulated by the government

Question 2

Which of the following is NOT a necessary characteristic of money?
 
  a. Money is a medium of exchange.
  b. Money is produced or minted by a national government.
  c. Money serves as a standard for comparing the value of things.
  d. Money serves as storage of value.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

emsimon14

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jul 10, 2018
Answer to Question 1

c

Answer to Question 2

b


Chelseaamend

  • Hero Member
  • *****
  • Posts: 545
Reply #2 on: Jul 10, 2018
TY


emsimon14

  • Sr. Member
  • ****
  • Posts: 344
Reply #3 on: Jul 10, 2018
Happy to Help


« previous next »
 

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Types of changes in chromosome structure Types of changes in chromosome structure
Many types of edible fungi are grown for the market. Many types of edible fungi are grown for the market.
Types of Dysrhythmias Types of Dysrhythmias
Typical Mendelian pattern of inheritance of HLA haplotypes includes children AC, BC, AD, and BD. ... Typical Mendelian pattern of inheritance of HLA haplotypes includes children AC, BC, AD, and BD. ...
Types and Locations of Connective Tissue. Types and Locations of Connective Tissue.
A Comparison of Transport Types A Comparison of Transport Types
Video: Transmission Across a Synapse

For a complete list of videos, visit our video library