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 41 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
YES! Correct, THANKS for helping me on my review

yeungji

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

DNA Is a Double Helix p1 DNA Is a Double Helix p1
The twin method can be used to investigate genetic and environmental influences on the development o The twin method can be used to investigate genetic and environmental influences on the development o
How to solve a trigonometric problem involving two right triangles (Question 2) How to solve a trigonometric problem involving two right triangles (Question 2)
Development of Lymphatic Tissues Development of Lymphatic Tissues
Solve Diophantus’s Problem B–8: To find two numbers such that their difference a Solve Diophantus’s Problem B–8: To find two numbers such that their difference a
Development of a Frog Development of a Frog
Video: Interview with Person who has Schizophrenia

For a complete list of videos, visit our video library