FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

can I get help please and thank you Which of the following economies has the least efficient payments system? O A. an economy using gold

can I get help please and thank you

image text in transcribed
Which of the following economies has the least efficient payments system? O A. an economy using gold as a commodity money O B. a barter economy O C. an economy using checks O D. an economy using fiat money Suppose that there are 19 goods in an economy. The number of prices that are needed to exchange any good for any other good are

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microeconomics Principles, Problems, And Policies

Microeconomics Principles, Problems, And Policies

Authors: Campbell McConnell

21st Edition

1259915727, 9781259915727

More Books

Students also viewed these Economics questions

Question

★★★★★
The government introduces a tax incentive program in which the first $5,000 of savings can be tax-deferred. Draw the resulting budget constraint that illustrates the trade-off between current and...

Answered: 1 week ago

Question

★★★★★
The difference between implied and book values that is not allocated to specific identifiable assets or liabilities is treated as goodwill, which is: (A) Expensed completely (B) Capitalized and...

Answered: 1 week ago

Question

★★★★★
1. In mathematics class, ask students to point out all the examples of right angles that they can find in the room.

Answered: 1 week ago

Question

★★★★★
Explain the role of secondary data in gaining customer insights. Where do marketers obtain secondary data, and what are the potential problems in using such data?

Answered: 1 week ago

Question

★★★★★
The stock of Nogro Corporation is currently selling for $16 per share. Earnings per share in the coming year are expected to be $2.60. The company has a policy of paying out 40% of its earnings each...

Answered: 1 week ago

Question

★★★★★
(a) Flopro plc make and sell two products A and B, each of which passes through the same automated production operations. The following estimated information is available for period 1: (i) (ii)...

Answered: 1 week ago

Question

★★★★★
Down Under Products, Ltd., of Australia has budgeted sales of its popular boomerang for the next four months as follows: Unit Sales April 86,000 May 90,000 June 126,000 July 98,000 The company is now...

Answered: 1 week ago

Question

★★★★★
You are the manager of a busy insurance office. Last year's abnormal winter gales led to an exceptionally high level of insurance claims for house damage caused by strong winds, and you had...

Answered: 1 week ago

Question

★★★★★
Source - https://timesofindia.indiatimes.com/nri/us-canada-news/top-south-african-indian-origin-businessmanarrested-for-gupta-linked-fraud-and-corruption/articleshow/83217574.cms) Question 3 (25...

Answered: 1 week ago

Question

★★★★★
- Explain customer service (key term of customer service) at a Five-Star Hotel in general. - The situation's current link (why) and Find the problems (how the five-star react in detail and what is...

Answered: 1 week ago

Question

★★★★★
The Psychiatric Hospitals P&L is a classic two-sided marketplace that matches Healthcare Facilities (HCFs) who need last minute shifts filled with Healthcare Professionals (HCPs) nearby who happen to...

Answered: 1 week ago

Question

★★★★★
QUESTION 1 (b) Configuration and customization are two types of processes in ERP system which enable an organisation to tailor its business processes. Compare and contrast between configuration and...

Answered: 1 week ago

Question

★★★★★
5. How can a sender (utterer) directly influence the interpreter (receiver)?

Answered: 1 week ago

Question

★★★★★
10. Find a news article in a daily newspaper, and answer the following questions: (a) Does the information in the article support your views and attitudes or does it conflict with them? (b) Does the...

Answered: 1 week ago

Question

★★★★★
2. Give an example where information that is emotionally interesting, specific and close in time and space, can be used to capture someones interest.

Answered: 1 week ago

Previous Question Next Question