Which one of the following is least accurate with regard to money serving as a medium of exchange Without money to serve as a medium of exchange:()
A. people’s standard of living would probably decline.
B. people would continue to enjoy their current standard of living and countries would become more self-sufficient in production of goods and services.
C. the transaction cost of exchange would increase.
参考答案:B
解析:
Without money to serve as a medium of exchange people around the world would see their current standard of living decline, countries would be less self-sufficient in the production of goods and services, transaction costs of exchange would increase, and the gains from international trade would be limited.