In a barter system,
A) an individual offers one good or service to get another good or service
B) an individual offers money to get a good or service
C) an individual offers a good or service to get money
D) different kinds of money are exchanged for each other
E) individuals are self-sufficient
Correct Answer:
Verified
Q3: The more specialized labor is,
A)the less likely
Q4: The greater the number of different goods
Q5: Barter works best
A)in the absence of a
Q6: Which of following is not an important
Q7: Which of the following is not a
Q8: Specialization of labor means that
A)production requires a
Q10: In a barter system,
A)trade will only occur
Q11: The greater the degree of specialization in
Q18: Barter is the direct exchange of goods
Q110: Barter is the exchange of goods and
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