The exchange of goods and services directly without money is called:

a. creative destruction.
b. barter.
c. arbitration.
d. currency trade.
e. illegal trade.

b

Economics

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A coffee shop owner has surveyed all her customers about the frozen mocha drinks they will buy. What kind of table might she use the show the information?

a. individual demand schedule b. market demand schedule c. individual demand curve d. market demand curve

Economics

The activists believe that

A) the time required for flexible prices to bring the economy back to the natural rate of unemployment is relatively short. B) the IS curve is relatively flat because of the broad range of assets whose demand is very sensitive to changes in the interest rate. C) the time required for flexible prices to return the economy to the natural level of real GDP is intolerably long. D) the severity of the Great Depression was primarily related to the large decline in the supply of money.

Economics