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Author Question: Cigarettes served as money in some prisoner of war (POW) camps during World War II. Given this, we ... (Read 58 times)

nenivikky

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on: Jun 30, 2018
Cigarettes served as money in some prisoner of war (POW) camps during World War II. Given this, we would expect to observe
 
  A) no one ever smoking a cigarette.
  B) prices of other goods expressed in terms of cigarettes.
  C) only government-issued cigarettes being accepted as money.
  D) people usually resorting to barter rather than using cigarettes as money.

Question 2

Which of the following is most likely to reduce the rate of economic growth?
 
  A) investment in human capital B) a high domestic saving rate
  C) subsidies for R&D activities D) slow technological progress


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krakiolit

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

B

Answer to Question 2

D


nenivikky

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

juliaf

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

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