Author Question: Most markets involve the use of money for transactions because: a. goods and services can be ... (Read 62 times)

s.tung

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Most markets involve the use of money for transactions because:
 a. goods and services can be exchanged more easily with money than without it.
  b. goods and services cannot be exchanged without money.
  c. using money requires a double coincidence of wants.
  d. the transaction costs of using money are very high.
  e. the value of money remains same across countries over time.

Question 2

An economy that has many unemployed workers and idle factories is not operating efficiently.
 a. True
  b. False
  Indicate whether the statement is true or false



jessicaduplan

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Answer to Question 1

a

Answer to Question 2

True



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