A prisoner of war camp seems a likely place for "cigarette money," because ________.
A) nearly all prisoners smoke cigarettes
B) of the absence of better alternatives
C) cigarettes are abundant and easy to count
D) the guards can enforce the practice of accepting cigarettes as a medium of exchange
E) cigarettes retain their value over time
Correct Answer:
Verified
Q1: Characteristics that enable an item to serve
Q2: Money is not _.
A)income because the former
Q4: In addition to the chairman of the
Q5: Money is _.
A)an asset
B)a unit of measure
C)a
Q6: Which of the following is most like
Q7: Money serves as _.
A)a unit of account
B)a
Q8: Money is not _.
A)income because the former
Q9: The FOMC _.
A)meets four times a year
Q10: The Federal Reserve System consists of _.
A)eleven
Q11: In modern economies,the supply of money depends
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