Which of the Following Serves as Money in Many Federal

question 1

Multiple Choice

Which of the following serves as money in many federal prisons in the United States these days?

• A)Postage stamps
• B)Energy bars
• C)Plastic-and-foil pouches of mackerel
• D)Cans of tuna
• E)Cigarettes

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Definitions:

First Price

A type of auction format in which bids are submitted simultaneously, and the highest bidder pays their bid price to receive the item.

Chicken Tactic

A negotiation strategy where one party adopts a dangerous or risky position in the hope that the opposing party will yield or concede first.

Bluff

A strategy in negotiations or games where one pretends to have a stronger position or intent than is actually true.

Deadline

A fixed or set time by which something must be completed or submitted.