Answers Personal Finance - MathSci Elective half credit Cumulative Exam — Cumulative examQuestion 24

24

QuizMultiple Choice

Cumulative Exam — Cumulative exam

Question 24 • Personal Finance - Math/Sci Elective (half credit)

What is one example of a closed economy?

Answer

A

a barter system that does not rely on money or other currency

B

a restricted system that blocks trade with international partners

C

a trade-based system that encourages the flow of goods and services

D

an old-fashioned system that preserves traditional choices and customs