The Use of Money as a Unit of Account

question 63

Multiple Choice

The use of money as a unit of account:

• A)discourages specialization and division of labor.
• B)inhibits the exchange of goods and services.
• C)makes it difficult to compare the relative values of goods and services.
• D)lowers information costs relative to barter.
• E)relies on the existence of a double coincidence of wants.

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Definitions:

Aggression

Behaviors or attitudes that are hostile, injurious, or destructive, often aimed at causing harm or asserting dominance.

End Another's Life

The act of causing the cessation of life in another being, typically regarded within ethical, legal, and moral discussions.

Career Choices

The process of selection and decisions regarding one’s professional path and future employment opportunities.

Androgynous

Exhibiting both traditional masculine and feminine psychological traits, or a blend of both gender characteristics.