Economies where goods and services are traded directly for other goods and services are called ________ economies.
A) trade
B) barter
C) direct
D) seigniorage
E) market
Correct Answer:
Verified
Q6: People hold money as opposed to financial
Q7: In economics, money is defined as
A)the total
Q9: Your roommate argues that he can think
Q10: Canadian $5 bills all have "This note
Q12: Which of the following assets is most
Q13: In an economy with _, there are
Q14: The major shortcoming of a barter economy
Q15: Silver is an example of a
A)commodity money.
B)barter
Q16: Commodity money
A)has value independent of its use
Q44: Economies cannot function without money.
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents