Sec_All_True_False_Ch_29_

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1、True/False1. Inaneconomythatreliesonbarter,traderequiresadouble-coincidenceofwants. a. True b. FalseANSWER:  TrueDIFFICULTY:  EasyLEARNING OBJECTIVES:  ECON.MANK.012-Applybasic,economicprinciplesofindividualdecisionmakingthatdeterminehowaneconomygenerallyworks.TOPI

2、CS:  MoneyKEYWORDS:  BLOOM'S:KnowledgeCUSTOM ID:  001.29-TF-MANK082. Samwantstotradeeggsforsausage.Sallywantstotradesausageforeggs.SamandSallyhaveadouble-coincidenceofwants. a. True b. FalseANSWER:  TrueDIFFICULTY:  EasyLEARNING OBJECTIVES:  ECON.MANK.012-Applybasi

3、c,economicprinciplesofindividualdecisionmakingthatdeterminehowaneconomygenerallyworks.TOPICS:  MoneyKEYWORDS:  BLOOM'S:KnowledgeCUSTOM ID:  002.29-TF-MANK083. Theuseofmoneyallowstradetoberoundabout. a. True b. FalseANSWER:  TrueDIFFICULTY:  EasyLEARNING OBJECTIVES:

4、  ECON.MANK.226-Givenascenario,identifywhichroleofmoneyisbeingexploited.TOPICS:  MoneyKEYWORDS:  BLOOM'S:KnowledgeCUSTOM ID:  003.29-TF-MANK084. Roundabouttradedecreasesproduction. a. True b. FalseANSWER:  FalseDIFFICULTY:  EasyLEARNING OBJECTIVES:  ECON.MANK.226-G

5、ivenascenario,identifywhichroleofmoneyisbeingexploited.TOPICS:  MoneyKEYWORDS:  BLOOM'S:KnowledgeCUSTOM ID:  004.29-TF-MANK08CopyrightCengageLearning.PoweredbyCognero.Page 155. Moneyallowspeopletospecializeinwhattheydobest,therebyraisingeveryone’sstandardofliving. 

6、a. True b. FalseANSWER:  TrueDIFFICULTY:  ModerateLEARNING OBJECTIVES:  ECON.MANK.226-Givenascenario,identifywhichroleofmoneyisbeingexploited.TOPICS:  MoneyKEYWORDS:  BLOOM'S:ComprehensionCUSTOM ID:  005.29-TF-MANK086. Accordingtoeconomists,“money”meansthesamething

7、as“wealth”. a. True b. FalseANSWER:  FalseDIFFICULTY:  ModerateLEARNING OBJECTIVES:  ECON.MANK.012-Applybasic,economicprinciplesofindividualdecisionmakingthatdeterminehowaneconomygenerallyworks.TOPICS:  MoneyKEYWORDS:  BLOOM'S:ComprehensionCUSTOM ID:  006.29-TF-MAN

8、K087. Gary'swealthis$1million.EconomistswouldsaythatGaryhas$1millionworthofmoney. a. True b. FalseANSWER:  FalseDIFFICULTY:  EasyLEARNING OBJECTI