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Suppose after the quarter ends, you take a trip to a tropical island. Upon arriving at the island, you notice that everyone is carrying around jars full of little turtles. You also notice the person in line in front of you just paid for a bottle of rum with 6 turtles. Someone else just bought a straw hat for two turtles. Thinking back to your economics class (however painful that might be), you would conclude that: Group of answer choices

1 Answer

7 votes

Answer:

those little turtles are serving the function of money

Step-by-step explanation:

Money should be used in the exchange or economic transactions on regularly basis. It is to be served as the medium of exchange and solved the confusion of the double coincidence of wants that existed in the barter transaction. The function of money as the unit of the account is used when the amount of the good or service should be expressed

So, the above should be the answer

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