Multiple Choice
Related to the Economics in Practice on p. 189: In Santa Cruz, the red feathers of the Scarlet Honeyeater bird were used as currency. Using feathers to make a purchase would be using the feathers as a(n)
A) medium of exchange.
B) store of value.
C) unit of account.
D) legal tender.
Correct Answer:

Verified
Correct Answer:
Verified
Q276: A benchmark that banks often use in
Q277: Which of the following will most likely
Q278: Along with currency not in banks and
Q279: When interest rates fall, bond values rise.
Q280: Bonds are issued with either a face
Q282: Related to the Economics in Practice on
Q283: As commercial banks keep fewer excess reserves,
Q284: Of the over $4.5 billion in assets
Q285: Aster won $5,000 on a slot machine.
Q286: Refer to the information provided in Table