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Other Fields Homework Help Economics Topic started by: Sublight2097 on Jun 20, 2015



Title: The people of the Island of Yap used stones as a general medium of exchange. Therefore,
Post by: Sublight2097 on Jun 20, 2015
The people of the Island of Yap used stones as a general medium of exchange. Therefore,
A) their economic system was based upon barter.
B) their stones served as money.
C) they had no price system, because prices can't be measured with stones.
D) inflation was impossible.


Title: Re: The people of the Island of Yap used stones as a general medium of exchange. Therefore,
Post by: VincenzoD on Aug 2, 2015
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Title: Re: The people of the Island of Yap used stones as a general medium of exchange. Therefore,
Post by: Sublight2097 on Aug 31, 2015
Another one in the books, marking it solved.