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:

Basic Factors

Fundamental elements or components that are essential and underlying in various systems, theories, or processes.

Predictable

The characteristic of an event or behavior that can be anticipated in advance based on known patterns or prior occurrences.

Lawful And Orderly

Describes an adherence to laws and regulations, maintaining a sense of organization and structure in conduct.

Constructs

are mental models or concepts that individuals use to interpret and understand their experiences and the world around them.