Barter refers to the direct exchange of goods and services for other goods and services.
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Q95: Money is anything that generally is accepted
Q96: In an economy that uses commodity money,
Q97: In an economy that uses fiat money,
Q98: Currency is included in
A) M1 only.
B) M2
Q99: Fiat monies, but not commodity monies, can
Q101: Commodity monies have no intrinsic value.
Q102: A loan made by a bank is
Q103: A commercial bank lists
A) loans as liabilities.
B)
Q104: The central bank of the United States
Q105: Refer to the information provided in Table
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