Solved

The Figure Given Below Represents the PPC in Two Nations

Question 16

Multiple Choice

The figure given below represents the PPC in two nations - Germany and Korea, producing only two goods, cars and food.Figure 2.4
The figure given below represents the PPC in two nations - Germany and Korea, producing only two goods, cars and food.Figure 2.4    -Most markets involve the use of money for transactions because: A) goods and services can be exchanged more easily with money than without it. B) goods and services cannot be exchanged without money. C) using money requires a double coincidence of wants. D) the transaction costs of using money are very high. E) the value of money remains same across countries over time.
-Most markets involve the use of money for transactions because:


A) goods and services can be exchanged more easily with money than without it.
B) goods and services cannot be exchanged without money.
C) using money requires a double coincidence of wants.
D) the transaction costs of using money are very high.
E) the value of money remains same across countries over time.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents