Dear ,
last time you asked me about my holiday in Scotland, so let me tell you about it. I had a coach tour around the area. Overall it wasn't a good experience. Firstly, the coach was so old and slow. Moreover, the weather was quite nasty and the passengers were just too noisy. Moreover, we stayed at bland third-rate hotels and in one of them my money was stolen. I'm convinced someone from staff of the hotel took it, but I can't prove it! The police didn't believe me and was most unhelpful. I'm really glad that the trip is over.
Hope to hear from you soon,
Roger
Объяснение:
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