Select the right order combination for the following commodities by the likely usefulness as money (focus on liquity of items listed below)
a. Shells
b. Furniture
c. Oranges
d. Wine
e. Treasury bills
A. b. d. a. e. c.
B. a. b. d. e. c.
C. e. b. a. d. c.
D. e. a. d. b. c.
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b2fnow 1:46 am on February 3, 2010
The answer is D
Treasury bills are the closest to Dollar Bills.
By process of elimination, it has to be C or D
Can’t be C, because furniture would not be very useful as money.
Answer must be D by elimination of he others.
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