The alternative to the use of money by the members of a society is
A) barter.
B) borrowing.
C) division of labor.
D) from each according to ability, to each according to need.
E) payment by check.
A
Economics
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If the price level increases,
A) the buying power of your checking accounts rises with it. B) the economy tends to grow faster. C) there is no effect on buying power. D) the buying power of your checking account falls.
Economics
When the price level falls, the total quantities of goods and services demanded _______ and the AD curve ________
a. decreases; remains unchanged b. remains unchanged; shifts to the right c. increases; remains unchanged d. increases; shifts to the right e. decreases; shifts to the left
Economics