Money Has Replaced the Need to Barter, Which Is

question 16

Multiple Choice

Money has replaced the need to barter, which is:

• A) changing the price of goods in response to inflation.
• B) using a medium of exchange to purchase goods and services.
• C) directly offering a good or service in exchange for some other good or service you want.
• D) comparing different goods to create a standard unit of worth.

---

Definitions:

Directive Leader

A leader who provides clear expectations and specific directions to their followers.

Groupthink

A phenomenon where the desire for harmony or conformity in a decision-making group leads to an irrational or dysfunctional outcome.

Directive Group Leader

A leader in a group setting who guides, structures, and directs the group's activities and discussions.

Group Polarization

The tendency for a group to make decisions that are more extreme than the initial inclination of its members.