Roundabout production refers to the:
A. use of capital goods in the production process.
B. double exchange of money for goods and goods for money.
C. use of money as a medium of exchange.
D. fact that barter impedes specialization.
Answer:A
Roundabout production refers to the:
A. use of capital goods in the production process. B. double exchange of money for goods and goods for money. C. use of money as a medium of exchange. D. fact that barter impedes specialization.