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 29 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
Great answer, keep it coming :)


frankwu0507

  • Member
  • Posts: 322
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

For a complete list of videos, visit our video library