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Author Question: The main function of money is to: a. provide a purpose or role for the government in market ... (Read 51 times)

asmith134

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on: Jul 10, 2018
The main function of money is to:
 
  a. provide a purpose or role for the government in market exchange.
  b. provide a standardized value used in exchange.
  c. prevent the occurrence of negative reciprocity or theft.
  d. make barter and other types of exchange less possible.

Question 2

Which of the following is not a requirement of a system of market exchange?
 
  a. Money or money objects
  b. Prices determined by supply and demand
  c. Regulation of prices by government or monopoly
  d. Privately owned property


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tjayeee

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Reply #1 on: Jul 10, 2018
Answer to Question 1

B

Answer to Question 2

C


asmith134

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Reply 2 on: Jul 10, 2018
Thanks for the timely response, appreciate it

ttt030911

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Reply 3 on: Yesterday
Wow, this really help

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