Multiple Choice
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
Correct Answer:

Verified
Correct Answer:
Verified
Q13: The value of money is determined by<br>A)people's
Q16: In the United States economy which one
Q19: In a barter system,<br>A)it is difficult to
Q20: Which of the following is true of
Q21: Gresham's Law states that when different forms
Q22: Monetary policy is<br>A)controlled by the president,who appoints
Q23: Which of the following is not a
Q24: The United States has a dual banking
Q35: The earliest type of exchange involved _.<br>A)coins<br>B)barter<br>C)commodity
Q75: Coins were minted with serrated edges:<br>A)to make