Which of the following is one of the most important benefits of money in an economy?
A: a. Money allows for the exchange of goods and services.
B: b. Money allows for the accumulation of wealth.
C: c. Money makes exchange easier, leading to more specialization and higher productivity.
D: d. Money encourages people to produce all of their own goods (self-sufficiency) and therefore increases economic stability.
A: a. Money allows for the exchange of goods and services.
B: b. Money allows for the accumulation of wealth.
C: c. Money makes exchange easier, leading to more specialization and higher productivity.
D: d. Money encourages people to produce all of their own goods (self-sufficiency) and therefore increases economic stability.
举一反三
- Inflation occurs when: （ ） A: the stock of goods and services increases and the quantity of money in circulation decreases. B: the money supply decreases and the output increases. C: output increases faster than the money supply. D: the quantity of money in circulation rises faster than the stock of goods and services.
- money to goods; the outer loop shows an exchange of information.
- Money is A: anything that is generally accepted in payment for goods and services or in the repayment of debt. B: frequently—but incorrectly—used synonymously with wealth. C: paper money, coins, and checks. D: all of the above
- Money is a measurement for value of goods and services、
- As long as there is ( ), there are business opportunities and there are opportunities for entrepreneurship. A: unsatisfied demand B: exchange of money and goods C: economic development and improvement of living standards D: excellent goods and wealthy customers