Case Study

Case Study 14.1: Mackerel Economics in Ferderal Prisons

Q.1 How well do pouches of mackerel satisfy the six properties of idea money (duration, portability, divisible, uniform quality, low opportunity cost, stable value)

Q.2  In countries where the monetary system has broken down, what are some alternatives to which people have resorted to carry out exchange?

Solution required in 150 words of both question.