QUESTION IMAGE
Question
match these items. match the items in the left column to the items in the right column.
- check
- exchange costs
- monetary
- specialization
what is given up from trading or bartering
relating to money
a set of written directions that tells a bank how to use money to pay someone
focusing on one area
Brief Explanations
- A check is a written document that instructs a bank to pay a specific amount to a person, so "check" matches "a set of written directions that tells a bank how to use money to pay someone".
- Exchange costs refer to what is sacrificed or given up when engaging in trading or bartering, so "exchange costs" matches "what is given up from trading or bartering".
- "Monetary" means related to money, so "monetary" matches "relating to money".
- Specialization means concentrating or focusing on one particular area, so "specialization" matches "focusing on one area".
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- check - a set of written directions that tells a bank how to use money to pay someone
- exchange costs - what is given up from trading or bartering
- monetary - relating to money
- specialization - focusing on one area