Which of the following would be a consequence in an economy where there is no money?
A) There would be no way to save for the future.
B) There would be no way to borrow.
C) Exchanges would occur more quickly.
D) Exchanges would take longer.
E) There would be no more exchange.
Correct Answer:
Verified
Q1: What function of money is highlighted when
Q3: A major advantage of money over barter
Q4: Money serves as a store of value
Q5: When a fisherman records the value of
Q6: The barter method of exchange isn't more
Q7: Which of the following statements is true?
A)
Q8: Money does NOT function as a(n)
A) unit
Q9: For something to be considered money,it must
A)
Q10: Money eliminated the need for the double
Q11: What function of money is highlighted if
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents