The term economists use to describe the direct exchange of goods or services without the use of money is:
A) barter.
B) swapping.
C) disintermediation.
D) nonmarket transactions.
Correct Answer:
Verified
Q12: If the general level of prices in
Q13: Suppose that currently in the United States,
Q14: The value of an economy's money:
A) increases
Q15: Changes in the value of money are:
A)
Q16: The value of money:
A) increases over time.
B)
Q18: A barter system:
A) is a system of
Q19: A problem associated with barter is:
A) goods
Q20: Without money:
A) all exchange would cease.
B) saving
Q21: Which of the following is NOT a
Q22: If an economy experienced chronic and severe
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