This topic contains a solution. Click here to go to the answer

Author Question: In a barter system, we would see A) many different units of money. B) money and goods exchanged ... (Read 146 times)

mckennatimberlake

  • Hero Member
  • *****
  • Posts: 559
In a barter system, we would see
 
  A) many different units of money.
  B) money and goods exchanged for each other.
  C) wide-spread depository institutions.
  D) goods traded directly for other goods and services.

Question 2

Which of the following statements is CORRECT?
 
  I. The exchange rate is a price.
  II. The exchange rate is different from other prices because it is NOT determined by supply and demand.
  A) only I
  B) only II
  C) I and II
  D) neither I nor II



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

otokexnaru

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

D

Answer to Question 2

A




mckennatimberlake

  • Member
  • Posts: 559
Reply 2 on: Jun 29, 2018
Gracias!


Liamb2179

  • Member
  • Posts: 365
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

For a complete list of videos, visit our video library