The direct exchange of goods and services for other goods and ...

[CharlieWard]

The direct exchange of goods and services for other goods and services is known as
 
  A) barter.
  B) purchasing power.
  C) intermediation.
  D) wholesale trade.

Question 2

The Fed engages in open market operations and sells government securities. The result is
 
  A) lower interest rates.
  B) higher interest rates.
  C) interest rates remain unchanged since there is no reason to think bond prices changed.
  D) uncertain since more information is needed.

[jaymee143]

Answer to Question 1

A

Answer to Question 2

B