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 152 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
Excellent

ghepp

  • Member
  • Posts: 361
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Overview of the endocrine system in humans. Overview of the endocrine system in humans.
How the immune system fights a viral infection How the immune system fights a viral infection
A schematic of the circulatory system illustrating the pulmonary circulation picking up oxygen from A schematic of the circulatory system illustrating the pulmonary circulation picking up oxygen from
Overview of the nervous system. Overview of the nervous system.
The Female Reproductive System (1 of 2) The Female Reproductive System (1 of 2)
Components of the lymphatic system Components of the lymphatic system
Video: Chemical Equilibrium between N2O4 (colorless gas) and NO2 (brown gas)

For a complete list of videos, visit our video library