This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In a barter system, we would see A) many different units of money. B) money and goods exchanged ... (Read 136 times)

mckennatimberlake

  • Hero Member
  • *****
  • Posts: 559
on: Jun 29, 2018
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
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


mckennatimberlake

  • Member
  • Posts: 559
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

aruss1303

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Polaris system Polaris system
Conduction System of the Heart Conduction System of the Heart
The Olfactory System The Olfactory System
Masaccio, The Tribute Money. Masaccio, The Tribute Money.
Block Diagram of Single-stage Pressure System for Dual-Stage Pressure Production of Nitric Acid Block Diagram of Single-stage Pressure System for Dual-Stage Pressure Production of Nitric Acid
Development of the Endocrine System Development of the Endocrine System
Video: Lipid absorption - end products & transport mechanism

For a complete list of videos, visit our video library