Author Question: An economy using money is more efficient that a barter economy because the use of money reduces the ... (Read 88 times)

rmenurse

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An economy using money is more efficient that a barter economy because the use of money reduces the time spent searching for trading partners with a coincidence of wants and therefore more time can be spent producing goods and services.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

A market system does not operate based on self-interest.
 a. True
  b. False
  Indicate whether the statement is true or false



maya.nigrin17@yahoo.com

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Answer to Question 1

True

Answer to Question 2

False



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