Prisoners sometimes determine a single good to be used as money. This good becomes
a. a medium of exchange and a unit of account.
b. a medium of exchange, but not a unit of account.
c. a unit of account, but not a medium of exchange.
d. neither a unit of account nor a medium of exchange.
a
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Indicate whether the statement is true or false
Annie had a job as a human resource manager of a restaurant chain that went out of business due to a downturn in the economy
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Which of the following is NOT an example of common property?
A) a trampoline B) air C) gravity D) sunshine