If fears of a terrorist attack are widespread and people lose faith in money, the economy could revert to a system of
A)cash and checks.
B)double-entry bookkeeping.
C)barter.
D)financial intermediaries.

Question

Quizplus · Accepted Answer

If fears of a terrorist attack and loss of faith in money become widespread, people may resort to bartering as a means of exchange. In a barter system, goods and services are exchanged directly without the use of money. This type of system can be useful when traditional currency loses its value or becomes scarce.

If Fears of a Terrorist Attack Are Widespread and People