Which of the Following Is a True Statement

question 89

Multiple Choice

Which of the following is a true statement?

• A) The conversion of a barter economy to one that uses money increases efficiency by increasing the cost of exchange.
• B) The conversion of a barter economy to one that uses money increases efficiency by increasing the cost to those who wish to specialize.
• C) The conversion of a barter economy to one that uses money increases efficiency by reducing transactions costs.
• D) The conversion of a barter economy to one that uses money does not increases efficiency.

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Definitions:

Louis XIII

King of France from 1610 to 1643, known for strengthening the French monarchy and establishing absolute monarchy as the form of government.

Valois Dynasty

A royal dynasty of France that ruled from 1328 to 1589, known for its involvement in the Hundred Years' War and the Wars of Religion.

Catherine de'Medici

A prominent figure in French history, she was queen consort of France from 1547 to 1559 and played a significant role in the political and religious conflict of her times.

Mercenaries

Individuals or groups hired to fight in an armed conflict but are not part of the regular army or fighting forces of a country.