Author Question: Barter requires the A) exchange of goods and services directly for other goods and services. B) ... (Read 194 times)

OSWALD

  • Hero Member
  • *****
  • Posts: 580
Barter requires the
 
  A) exchange of goods and services directly for other goods and services.
  B) use of fiat money as a medium of exchange.
  C) use of commodity money as a medium of payment.
  D) the triple non-coincidence of wants.
  E) use of money as a unit of account.

Question 2

Downward wage rigidity arises when:
 
  A) workers expect wages to increase due to economic expansion.
  B) workers and firms resist to wage cuts.
  C) firms resist increasing wages.
  D) quantity of labor demanded exceeds the quantity of labor supplied.


mohan

  • Sr. Member
  • ****
  • Posts: 362
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

For a complete list of videos, visit our video library