Which of the following is the most efficient means of trade?
A) Barter
B) Money
C) Government rationing
D) The combination of barter with some government rationing
Correct Answer:
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Q22: Money is a medium of exchange in
Q23: The attribute that distinguishes money from other
Q24: Which of the following is NOT a
Q25: The purchasing power of money
A)rises when prices
Q26: Which of the following will lead to
Q28: When prices rise, the purchasing power of
Q29: The difference between money and income is
Q30: Using a good as a medium of
Q31: When economists refer to the role of
Q32: In comparing money to shares of General
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