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Author Question: The first step in the evolution of money involved the use of _____. a. physical commodities b. ... (Read 30 times)

jCorn1234

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on: Jun 30, 2018
The first step in the evolution of money involved the use of _____.
 a. physical commodities
 b. barter
 c. pieces of paper representing claims on physical commodities
 d. pieces of paper with no intrinsic value
 e. electronic entries representing claims on pieces of paper with no intrinsic value

Question 2

An increase in the interest rate will increase the demand for loanable funds.
 a. True
  b. False
  Indicate whether the statement is true or false


softEldritch

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

b

Answer to Question 2

False


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