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:

Free-radical Polymerization

A method of polymerization that involves the polymer growth through the successive addition of free-radical building blocks.

BuLi

Short for Butyllithium, an organolithium reagent commonly used in organic synthesis to deprotonate acidic compounds and perform nucleophilic additions.

PhOH

The abbreviation for phenol, representing a hydroxyl group (-OH) bonded to a benzene ring.

Anionic Polymerization

A type of polymerization that involves the polymer growth through an anion active center, usually initiated by a strong base.