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Author Question: In an economy with ________, there are more prices than in an economy with ________. A) barter; ... (Read 33 times)

mpobi80

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on: Jun 29, 2018
In an economy with ________, there are more prices than in an economy with ________.
 
  A) barter; money B) fiat money; commodity money
  C) fiat money; barter D) money; barter

Question 2

Refer to Figure 3-5. At a price of 0,
 
  A) there is a shortage of 0 units. B) there is a surplus of 8 units.
  C) there is a surplus of 0 units. D) there is a shortage of 8 units.


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bblaney

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


mpobi80

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

ryansturges

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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