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Author Question: If the prices of goods and services were expressed in terms of carved wooden beads, then the carved ... (Read 234 times)

Beheh

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on: Jun 30, 2018
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


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mfedorka

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


Beheh

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Reply 2 on: Jun 30, 2018
Excellent

nyrave

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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