Soldiers in a World War II prisoner-of-war camp A) used ...

[c0205847]

Soldiers in a World War II prisoner-of-war camp
 
  A) used cigarettes as money. B) used cowrie shells as money.
  C) used U.S. dollars as a commodity money. D) used gold as a fiat money.

Question 2

Refer to Figure 3-5. At a price of 5,
 
  A) there is a scarcity of 4 units. B) there is a surplus of 4 units.
  C) there is a shortage of 4 units. D) there is a shortage of 6 units.

[ririgirl15]

Answer to Question 1

A

Answer to Question 2

C

[c0205847]

Thanks for the timely response, appreciate it

[tandmlomax84]

YES! Correct, THANKS for helping me on my review