The Use of Fei as Money on the Island of Yap

question 58

Multiple Choice

The use of fei as money on the island of Yap illustrates the idea of money as a social convention because:

• A) only fei physically in the possession of the owner is accepted in transactions.
• B) legal claim to a fei never seen by current generations was accepted in transactions.
• C) the central bank of Yap accepts fei in exchange for paper certificates.
• D) the government of Yap verifies the authenticity of fei used for transactions.

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Definitions:

Superego

The part of personality that, according to Freud, represents internalized ideals and provides standards for judgment (the conscience) and for future aspirations.

Ego

The largely conscious, “executive” part of personality that, according to Freud, mediates among the demands of the id, superego, and reality. The ego operates on the reality principle, satisfying the id’s desires in ways that will realistically bring pleasure rather than pain.

Temper Tantrum

An emotional outbreak, usually exhibited by children, characterized by crying, screaming, or aggressive behaviors in response to frustration or lack of control.

Id

Contains a reservoir of unconscious psychic energy that, according to Freud, strives to satisfy basic sexual and aggressive drives. The id operates on the pleasure principle, demanding immediate gratification.