1. what is money?
c) a medium of exchange
2. why can money serve as a standard of value?
c) it determines the relative cost of goods and services
3. is private production of money legal?
a) no
4. what is necessary in a barter economy?
a) double coincidence of wants
5. what is the essential condition for survival of token money?
b) restriction to the right to supply it
6. what is token money?
c) coins and banknotes
7. what is the distinctive feature of production of paper money?
c) tiny cost
8. what does money determine?
a) relative cost of different goods and services
9. how did people get goods in primitive societies?
b) they exchanged one thing for another
10. what was each person in a barter economy?
c) a seller and a buyer
Поделитесь своими знаниями, ответьте на вопрос:
Put the following questions into the indirtct speech: 1. "why does the price go up so often? " she wondered. 2. "are you working as well as you are studying? " asked peter. 3. "where were you last night, mr.jones? " he enquired. 4. "will you have time to sign the documents? " asked the secretary. 5. "how long have you been here? " asked mary.