This topic contains a solution. Click here to go to the answer

Author Question: If the prices of goods and services were expressed in terms of carved wooden beads, then the carved ... (Read 222 times)

Beheh

  • Hero Member
  • *****
  • Posts: 520
If the prices of goods and services were expressed in terms of carved wooden beads, then the carved wooden beads would be serving as a
 
  A) store of value.
  B) medium of exchange.
  C) mechanism for transforming present purchases into future purchases.
  D) unit of account.

Question 2

Agraria is a small agricultural country that does not trade with the rest of the world. Based on this information, we can conclude that Agraria is a(n) ________ economy.
 
  A) closed B) communist C) command D) open



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mfedorka

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

D

Answer to Question 2

A




Beheh

  • Member
  • Posts: 520
Reply 2 on: Jun 30, 2018
Wow, this really help


bitingbit

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Excellent

 

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

For a complete list of videos, visit our video library