This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What does the term market economy refer to? a. An economy that includes all of the various types ... (Read 123 times)

Chelseaamend

  • Hero Member
  • *****
  • Posts: 545
on: Jul 10, 2018
What does the term market economy refer to?
 
  a. An economy that includes all of the various types of exchanges equally
  b. An economy in which barter in local markets is the dominant form of exchange
  c. An economy organized around market principles
  d. An economy that is controlled and regulated by the government

Question 2

Which of the following is NOT a necessary characteristic of money?
 
  a. Money is a medium of exchange.
  b. Money is produced or minted by a national government.
  c. Money serves as a standard for comparing the value of things.
  d. Money serves as storage of value.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

emsimon14

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jul 10, 2018
Answer to Question 1

c

Answer to Question 2

b


Chelseaamend

  • Hero Member
  • *****
  • Posts: 545
Reply #2 on: Jul 10, 2018
TY


emsimon14

  • Sr. Member
  • ****
  • Posts: 344
Reply #3 on: Jul 10, 2018
Happy to Help


« previous next »
 

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Characteristics of the three types of muscles. Characteristics of the three types of muscles.
Differentiation of Major Headache Types Differentiation of Major Headache Types
Different types of fog found throughout the United States Different types of fog found throughout the United States
The Three Major Doshas-Basic Constitutional Types The Three Major Doshas-Basic Constitutional Types
The CHRIS manual entry for toluene. Useful information includes response information, chemical and ... The CHRIS manual entry for toluene. Useful information includes response information, chemical and ...
Types of Folds Types of Folds
Video: Types of antimicrobial substances (interferons & complement protein)

For a complete list of videos, visit our video library