The direct exchange of goods and services is called
A) barter.
B) a medium of exchange.
C) GDP.
D) a stock exchange.
Correct Answer:
Verified
Q44: Liquid assets are assets that have high
Q45: The medium of exchange function of money
Q46: Firms demand more funds for investment opportunities
Q47: Because of the compounding effect, a large
Q48: Which of these is an example of
Q50: Which asset is included in M1?
A) savings
Q51: In the market for loanable funds, which
Q52: Which of these is NOT a function
Q53: Which of these would increase M1 in
Q54: Checking accounts are not money.
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