If the prices of goods and services were expressed in terms of coconuts, then coconuts would be serv

Cuba

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9 years ago

If the prices of goods and services were expressed in terms of coconuts, then coconuts would be serv

If the prices of goods and services were expressed in terms of coconuts, then coconuts would be serving as a
A) medium of exchange.
B) store of value.
C) standard of value.
D) fiat money.

Textbook

Economic Analysis of Social Issues

Edition: 1^st

Author: Grant

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Cuba Author

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8 years ago

Very, very helpful. Will mark this topic solved.

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IloveChi

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8 years ago

Wasn't so hard, referencing the textbook helped.

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