As the Payments System Evolves from Barter to a Monetary

question 73

Multiple Choice

As the payments system evolves from barter to a monetary system,

• A)commodity money is likely to precede the use of paper currency.
• B)transaction costs increase.
• C)the number of prices that need to be calculated increase rather dramatically.
• D)specialization decreases.

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Definitions:

Maladaptive Responses

Actions or behaviors that are counterproductive to dealing with stress or anxiety, often preventing a person from adjusting healthily to situations.

Adaptive Fear

A beneficial response to threats or danger, promoting survival by motivating avoidance or defensive behaviors.

Generalized Anxiety Disorder

A mental disorder characterized by persistent and excessive worry about various aspects of life, not tied to any specific threat.

Genetic Disposition

An individual's inherited traits and propensity towards certain conditions or characteristics.