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 86 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?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Long-term studies of the Glanville fritillary butterfly, Melitaea cinxia, have provided exceptional Long-term studies of the Glanville fritillary butterfly, Melitaea cinxia, have provided exceptional
These two species of bedstraw grow predominately on different soil types: Galium saxatile (shown her These two species of bedstraw grow predominately on different soil types: Galium saxatile (shown her
Types of primary skin lesions Types of primary skin lesions
The types of skeletal movement. (A) Flexion and extension of left forearm. (B) Flexion and extension ... The types of skeletal movement. (A) Flexion and extension of left forearm. (B) Flexion and extension ...
The Importance in the World Fossil Fuel Economy The Importance in the World Fossil Fuel Economy
Types of Long-Term Memories Types of Long-Term Memories
Video: Supine Position

For a complete list of videos, visit our video library