A disadvantage of the barter system is that
A) no trade occurs.
B) people must produce all their own food, clothing, and shelter.
C) the opportunity to specialize is greatly reduced.
D) gold is the only unit of account.
C
Economics
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In an open economy, an increase in net exports because of increased demand for domestic products by foreigners should cause the domestic real interest rate to ________ and should cause desired saving minus desired investment to ________
A) rise; rise B) rise; fall C) fall; rise D) fall; fall
Economics
A line that has a different slope at each point is a:
a. curve. b. straight line. c. vertical line. d. horizontal line.
Economics