When Prisoners Use Cigarettes or Some Other Good as Money,cigarettes

question 73

Multiple Choice

When prisoners use cigarettes or some other good as money,cigarettes become

• A)commodity money,but do not function as a unit of account.
• B)commodity money and function as a unit of account.
• C)fiat money,but do not function as a unit of account.
• D)fiat money and function as a unit of account.

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Definitions:

Ecological Footprint

A measure that quantifies the demand placed on Earth's natural resources by individuals or groups, indicating the extent of their impact on the environment.

Global Hectares

A unit of measurement that represents the biological productivity of an average hectare of land on Earth.

Per Capita Basis

A measurement that averages a particular figure or statistic for each individual within a given population.

Root Cause

The fundamental reason for the occurrence of a problem, fault, or issue, which, when resolved, prevents a recurrence.