Author Question: The first step in the evolution of money involved the use of _____. a. physical commodities b. ... (Read 49 times)

jCorn1234

  • Hero Member
  • *****
  • Posts: 545
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

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

b

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

For a complete list of videos, visit our video library