3. The specialization in production made possible by the use of money to avoid barter is an illustration of th


3. specialization in production made possible use of money avoid barter illustration of the:

a. scarcity principle.
b. principle of comparative advantage.
c. principle of increasing opportunity cost.
d. benefits of diversification.
e. cost-benefit principle.


4. when money used purchase goods , services, serves a:

a. financial intermediary.
b. double coincidence of wants.
c. store of value.
d. medium of exchange.
e. unit of account.

3. specialization in production made possible use of money avoid barter illustration of the: a. scarcity principle. b. principle of comparative advantage. c. principle of increasing opportunity cost. d. benefits of diversification. e. cost-benefit principle. 4. when money used...


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