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Author Question: Market exchange is typically an exchange of goods for money, as opposed to goods for goods, because ... (Read 107 times)

colton

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on: Jun 30, 2018
Market exchange is typically an exchange of goods for money, as opposed to goods for goods, because use of money solves the problem of
 
  A) the absence of a coincidence of wants.
  B) the absence of a double coincidence of wants.
  C) a coincidence of needs.
  D) tax evasion.

Question 2

The quantity theory of money ________.
 
  A) is the product of classical economists
  B) links total income to a country's supply of money
  C) is derived from the equation of exchange
  D) all of the above
  E) none of the above


SeanoH09

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


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colton

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Reply #2 on: Jun 30, 2018
Thank you


SeanoH09

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Reply #3 on: Jun 30, 2018
No problemo


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