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

Author Question: Because money eliminates the "double coincidence of wants" problem, the development of money as a ... (Read 40 times)

burchfield96

  • Hero Member
  • *****
  • Posts: 610
on: Apr 19, 2019

Question 1

Kyle wants to trade scuba lessons for surfing lessons. Ike wants to trade surfing lessons for scuba lessons. Kyle and Ike have


◦ a double incidence of demand.
◦ a double coincidence of wants.
◦ the basis for a double fiat exchange.
◦ the basis for a liquidity exchange.

Question 2

Because money eliminates the "double coincidence of wants" problem, the development of money as a ________ has facilitated the expansion of trade.


◦ unit of account
◦ store of value
◦ medium of exchange
◦ measure of value
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by burchfield96 on Apr 19, 2019

karmakat49

  • Sr. Member
  • ****
  • Posts: 369
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 32% of students answer this correctly


burchfield96

  • Member
  • Posts: 610
Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

sarah_brady415

  • Member
  • Posts: 328
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Kohlberg's Stages of Moral Development Kohlberg's Stages of Moral Development
Economic and Social Development Economic and Social Development
Economic and Social Development Economic and Social Development
Fetus Development Weekly vs. Monthly Fetus Development Weekly vs. Monthly
Problem Problem
Problem Problem
Video: Embryonic development - Week 4

For a complete list of videos, visit our video library