...
1. - What is the name of these strange fruits? - These are not fruits,
and vegetables. 2. Mom often puts dried fruit in the pie. 3. On
Does this tree always have a lot of fruit? 4. On this island there are growing
personal citrus fruits. 5. Go to the store and buy vegetables and
fruit. 6. I love having different fruits on the table. 7. You need
us fruit to make a cake? 8. My little brother is very lov-
a bit of fruit, especially bananas. 9. We grow in the garden many times -
fruits. 10. I have never seen such fruits in my life.
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