In the POW camps during World War II, cigarettes fulfilled the functions of money because they acted as a: Instructions: In order to receive full credit, you must make a selection for each option. For correct answer(s), click the option once to place a check mark. For incorrect answer(s), click the option twice to empty the box. medium of exchange in that the cigarettes could be exchanged for staple foods, chocolate, or anything else the POWs might have and offer for trade. unit of account in maintaining a constant price. store of value in that prisoners could save them up and smoke them. store of value in that prisoners could save up many cigarettes and trade them in for large purchases. medium of exchange in that cigarettes were needed by smokers because they are addictive. unit of account in allowing relative values to be read from prices.

In the POW camps during World War II, cigarettes fulfilled the functions of money because they acted as a: Instructions: In order to receive full credit, you must make a selection for each option. For correct answer(s), click the option once to place a check mark. For incorrect answer(s), click the option twice to empty the box. medium of exchange in that the cigarettes could be exchanged for staple foods, chocolate, or anything else the POWs might have and offer for trade. unit of account in maintaining a constant price. store of value in that prisoners could save them up and smoke them. store of value in that prisoners could save up many cigarettes and trade them in for large purchases. medium of exchange in that cigarettes were needed by smokers because they are addictive. unit of account in allowing relative values to be read from prices.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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this is all information provided. no more info provided what you see here is all I see as well just in case you think its incomplete because I sent this couple minutes ago and they said it was incomplete.
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Would you consider Noodles or Cigarettes have become the new form of currency within the prison system for inmates? Why?
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ersonal possession of currency is prohibited in U.S. prisons, although, in practice, prisoners still exchange goods and services. U.S. prisoners used cigarettes as a medium of exchange until smoking was banned in U.S. prisons in 2003. After 2003, prisoners looked to other items on the commissary menu to facilitate exchange. In 2008, the Wall Street Journal reported that energy bars had caught on as money in some U.S. prisons. One important difference between using energy bars and using dollars as money is thatenergy bars have intrinsic value. Energy bars are an example ofcommodity money.
the total amount of us currency in circulation divided by the us population comes out to about 3500 per person. that is more than most of us carry where is all the cash.