If an economy has no money, then all transactions must be conducted through the use of .
A) debit cards
B) barter
C) cheques
D) credit cards
Correct Answer:
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Q45: Q46: The major role of a commercial bank Q47: The risk of making a loan is Q48: The opportunity cost of holding money balances Q49: Money is Q51: Modern Australian commercial banks perform all of Q52: If an economy tried to use bananas Q53: Which of the following is a liability Q54: Which of the following is NOT included Q55: Which of the following is an asset
A)the
A)equivalent to barter.
B)a means of payment.
C)currency
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