Solved

As the Payments System Evolves from Barter to a Monetary

Question 73

Multiple Choice

As the payments system evolves from barter to a monetary system,


A) commodity money is likely to precede the use of paper currency.
B) transaction costs increase.
C) the number of prices that need to be calculated increase rather dramatically.
D) specialization decreases.

Correct Answer:

verifed

Verified

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

Related Questions