Suppose an ocean liner sinks and the passengers are stranded on a lush tropical island.Which of the following could most likely be used as money in the economy that develops among the survivors?
A)The life jackets they put on when leaving the ship
B)The beads from the necklaces that were given out as party favors on the night the ship sank
C)The coconuts growing on the island
D)The fish in the sea around the island
E)The sand on the island's beaches

Question

Quizplus · Accepted Answer

Beads from the necklaces could most likely be used as money because they are durable, portable, divisible, and limited in supply, making them suitable to serve as a medium of exchange among the survivors.

Suppose an Ocean Liner Sinks and the Passengers Are Stranded