Economics 1.09 QUESTIONS AND
ANSWERS
1. Barter - ANSWER-Trade of products and offerings for different items and offerings
with out the use of money.
2. Characteristics of Money - ANSWER-Divisible, durable, portable, scarce, everyday,
solid in fee.
3. Counterfeit - ANSWER-The authorities will now not accept a dollar that wasn't
created through the U.S. Treasury.
4. Flat Currency - ANSWER-Money that the U.S. Proclaims prison to be used in
charge.
5. Measure of Value - ANSWER-Money is used to explain the really worth of an object.
6. Medium of Exchange - ANSWER-Money is general in change for every other item.
7. Standard - ANSWER-Money has a regular numerical size.
8. Store of Value - ANSWER-Money holds its value.
ANSWERS
1. Barter - ANSWER-Trade of products and offerings for different items and offerings
with out the use of money.
2. Characteristics of Money - ANSWER-Divisible, durable, portable, scarce, everyday,
solid in fee.
3. Counterfeit - ANSWER-The authorities will now not accept a dollar that wasn't
created through the U.S. Treasury.
4. Flat Currency - ANSWER-Money that the U.S. Proclaims prison to be used in
charge.
5. Measure of Value - ANSWER-Money is used to explain the really worth of an object.
6. Medium of Exchange - ANSWER-Money is general in change for every other item.
7. Standard - ANSWER-Money has a regular numerical size.
8. Store of Value - ANSWER-Money holds its value.
