Jacob makes excellent tamales and Amanda is very good at mowing lawns. Amanda agrees to mow Jacob's lawn, if he makes her a dozen tamales. This is an example of
A. fiat money.
B. legal tender.
C. barter.
D. commodity money.
Answer: C
Economics
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Briefly describe monetarism and the monetary growth rule
What will be an ideal response?
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Due to political instability in a country, there was a sudden decrease in the demand for goods. The unpredicted decrease in demand for goods caused a _____
a. macroeconomic shortage b. macroeconomic surplus c. budget surplus d. depression
Economics