Barter System Is Less Desirable Than Using Money for Exchange

question 117

Multiple Choice

Barter system is less desirable than using money for exchange because:

• A)it is a more inefficient and a time-consuming process.
• B)gold and silver are risky and inconvenient to transport.
• C)it tends to promote inflation.
• D)gold and silver are relatively scarcer than other commodities.
• E)the government maintains too important a role in the money-creating process.

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Definitions:

Discriminative Stimulus

A stimulus that signals whether a certain response or behavior is likely to be rewarded, ignored, or punished.

Unconditioned Stimulus

In classical conditioning, a stimulus that naturally and automatically triggers a response without prior learning.

White Rat

Often used in psychological experiments, a specific breed of rat distinguished by its albino coloration.

Modern Conceptualization

The current understanding or interpretation of an idea, theory, or system based on contemporary perspectives or data.