Related to the Economics in Practice on P

question 228

Multiple Choice

Related to the Economics in Practice on p. 189: In Santa Cruz, red feathers from the Scarlet Honeyeater bird were used as currency. If someone in Santa Cruz had purchased a "huge amount " of these feathers as an investment, then in this instance, the feathers were being held as a(n)

• A) medium of exchange.
• B) store of value.
• C) unit of account.
• D) legal tender.

---

Definitions:

Valuable Friendships

Deep and meaningful relationships that significantly contribute to one's well-being and life satisfaction.

Role Expectations

Social norms specifying the responsibilities and behaviors expected of individuals in certain positions.

Fragile

Easily broken or damaged; delicate and not strong.

First Marriages

The initial nuptial union of an individual, as opposed to second or subsequent marriages.