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

Author Question: Without an accepted medium of exchange, people A) have to specialize in one area of production. ... (Read 18 times)

s.tung

  • Hero Member
  • *****
  • Posts: 577
Without an accepted medium of exchange, people
 
  A) have to specialize in one area of production.
  B) have to resort to barter in order to exchange goods and services.
  C) have to rely on gold or silver in order to exchange goods and services.
  D) can efficiently obtain goods and services.

Question 2

In the above figure, the marginal propensity to consume (MPC) equals
 
  A) 0.9. B) 0.75. C) 0.8. D) 0.85.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

emilymalinowski12

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

B

Answer to Question 2

A




s.tung

  • Member
  • Posts: 577
Reply 2 on: Jun 30, 2018
Excellent


scikid

  • Member
  • Posts: 300
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

For a complete list of videos, visit our video library