Author Question: Barter requires the A) exchange of goods and services directly for other goods and services. B) ... (Read 181 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?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

For a complete list of videos, visit our video library