Barter requires
a. that the exchanged goods be portable
b. that the exchanged goods be durable
c. a double coincidence of wants
d. that the exchange medium be divisible
e. an effective middleman
C
Economics
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The demand for money can be stated as M = (P x Y)/V.
a. true b. false
Economics
Refer to the information provided in Figure 13.3 below to answer the question(s) that follow. Figure 13.3Refer to Figure 13.3. The marginal revenue of the eighth pound of burritos is
A. $3. B. $5. C. $12. D. $96.
Economics