Which of the following is not true about barter?
A) It involves the direct exchange of one good or service for another.
B) It is more likely to occur if people lose faith in a nation's currency.
C) It is considered to be less efficient than the use of money.
D) It allows people to obtain more goods than they would under a money payment system.
Correct Answer:
Verified
Q2: Farmer Brown wants some bacon for breakfast.He
Q3: A bank account that permits direct payment
Q4: Which of the following is an example
Q5: Barter
A)Is the direct exchange of one good
Q6: When money serves as a mechanism for
Q8: Which of the following is not a
Q9: Which of the following gave the U.S.federal
Q10: Which of the following is not true
Q11: The basic money supply or M1 includes
A)Currency
Q12: Money is functioning as a store of
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