Suppose You Are Offered a Concert Ticket in Exchange for Four

question 77

Multiple Choice

Suppose you are offered a concert ticket in exchange for four hours of your work in your friend's garden. This is an example of

• A) money as a medium of exchange.
• B) money as a store of value.
• C) barter.
• D) money as a standard of deferred payment.

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Definitions:

Spinal Cord

The central nerve bundle running down the spine that transmits messages between the brain and the body.

Sympathetic Nervous

Part of the autonomic nervous system responsible for the 'fight or flight' response, preparing the body for action.

Autonomic Nervous

Part of the nervous system that controls involuntary bodily functions such as heart rate, digestion, and respiratory rate.

Parasympathetic Nervous

Part of the autonomic nervous system responsible for relaxation and conservation of energy by slowing the heart rate and increasing intestinal and gland activity.