Barter occurs when
a. two people share everything
b. one product is exchanged directly for another product
c. money is used to buy goods
d. money is exchanged directly for other money
e. goods are used to buy money
B
Economics
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In order to analyze the factors that determine the quantity of real GDP demanded, in the aggregate expenditure model we assume that
A) real GDP does not change. B) the unemployment level is fixed. C) the inflation rate is assumed to equal the natural unemployment rate. D) the natural rate of unemployment is fixed. E) the price level is fixed.
Economics
Productivity gains in the United States since 1990 have been ________ productivity gains in other leading industrial nations
A) the same as B) higher than C) lower than D) more variable than
Economics