Suppose an ocean liner sinks and the passengers become stranded on a lush tropical island.Which of the following is most likely to be most useful as money in the economy that develops among the survivors?
A)the life jackets they put on when leaving the ship
B)beads from the necklaces that were the party favors the night the ship sank
C)the coconuts growing on the island
D)the fish swimming around the island
E)the sand on the island's beaches

Question

Quizplus · Accepted Answer

Beads from necklaces are likely to be most useful as money because they are portable, durable, divisible, and not easily obtainable, making them a good medium of exchange.

Suppose an Ocean Liner Sinks and the Passengers Become Stranded