In Explaining the Evolution of Money

question 69

Multiple Choice

In explaining the evolution of money

• A)government regulation is the most important factor.
• B)commodity money,because it is valued more highly,tends to drive out paper money.
• C)new forms of money evolve to lower transaction costs.
• D)paper money is always backed by gold and therefore more desirable than checks.

Grasp the underlying assumptions adapted to Roy's Model for the 21st Century.

Recognize the application of Roy's Adaptation Model in understanding coping mechanisms.

Illustrate the significance of environmental stimuli in the adaptation process.

Discuss the role of self-awareness and self-analysis in the adaptation and coping process.

---

Definitions:

Memories

Stored information and experiences in the brain that can be recalled.

Hypnotized

An altered state of consciousness characterized by intense focus and greater receptiveness to suggestions, typically used for therapeutic ends.

Confidence

A belief in oneself and one's ability to succeed or handle various situations effectively.

Atmospherics

The use of space, lighting, music, and scent by retailers and marketers to influence consumers' mood, behavior, and spending in a commercial environment.