In the Yap civilization of the South Pacific prior to 1920, large, heavy stones in the shape of a wheel were used as money. Which function of money was probably least served by this form of money?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “In the Yap civilization of the South Pacific prior to 1920, large, heavy stones in the shape of a wheel were used as money. Which function ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Maya, who lives in California, just purchased her first home at a Trustee's foreclosure sale. She was given a deed at the sale. What type of deed was she given?
Answers (1)
United Airlines' 2012 balance sheet reported the following (in millions) Total Assets $40,091 Total Liabilities 31,485 Contributed Capital 3,573 What was United Airlines' total liabilities and stockholders' equity at December 31, 2016? Select one: A.
Answers (1)
An increase in the supply of capital, which is a substitute to labor, will lead to a decrease in the demand for labor.
Answers (1)
You and your twin sister, both 18 years of age, were in a car accident. She had a clean break across the humerus and the upper arm bone-no bleeding, no break in the skin.
Answers (1)
A type of production that yields customized products or services for each customer is called
Answers (1)
New Questions in Business
Assume that a $1,000,000 par value, semiannual coupon US Treasury note with five years to maturity has a coupon rate of 6%. The yield to maturity (YTM) of the bond is 11.00%.
Answers (2)
The shareholders' equity of Green Corporation includes $200,000 of $1 par common stock and $400,000 par of 6% cumulative preferred stock.
Answers (1)
True or False: An interest-bearing account is an account that generates interest income on the available balance in the account. → False
Answers (1)
Answer the question on the basis of the following information for a bond having no expiration date: bond price = $1,000; bond fixed annual interest payment = $100; bond annual interest rate = 10 percent. Refer to the given information.
Answers (1)
Other than getting laborers to work their land, how did the sharecrop system benefit landowners? a. Government subsidies provided them with more income. b. Profits were greater than under the slave labor system. c.
Answers (1)