题目
题目
单项选择题

What is the main reason why countries use money instead of bartering today?

选项
A.a. Money is only good for rich people
B.b. Money is not accepted everywhere
C.c. Money is more difficult to use
D.d. Money makes trading easier and faster
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标准答案
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思路分析
When thinking about why money is used instead of bartering in modern economies, several ideas come into play, and each option warrants careful evaluation. Option a: 'Money is only good for rich people.' This claim is incorrect because money is a medium of exchange designed to facilitate transactions for everyone, regardless of wealth; it is not inherently restricted to the wealthy a......Login to view full explanation

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Part 1In​ prison, cigarettes are sometimes used among inmates as a form of payment. All of the following explain how cigarettes solve the​ "double coincidence of​ wants" problem, even if a prisoner does not​ smoke, except​: A. cigarettes serve as a medium of exchange. B. prisoners can exchange cigarettes for other goods and services. C. exchanging cigarettes for other goods and services increases transaction costs. D. cigarettes are widely accepted as a form of payment in prison.

Part 1In​ prison, cigarettes are sometimes used among inmates as a form of payment. All of the following explain how cigarettes solve the​ "double coincidence of​ wants" problem, even if a prisoner does not​ smoke, except​: A. cigarettes are widely accepted as a form of payment in prison. B. prisoners can exchange cigarettes for other goods and services. C. cigarettes serve as a medium of exchange. D. exchanging cigarettes for other goods and services increases transaction costs.

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