Author Question: If I trade a ginger snap for a chocolate chip cookie, I am engaging in a. barter b. comparative ... (Read 98 times)

tth

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If I trade a ginger snap for a chocolate chip cookie, I am engaging in
 a. barter
  b. comparative advantage
  c. absolute advantage
  d. privatization
  e. division of labor

Question 2

Barter occurs when
 a. two people share everything
  b. one product is exchanged directly for another product
  c. money is used to buy goods
  d. money is exchanged directly for other money
  e. goods are used to buy money



cadimas

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Answer to Question 1

A

Answer to Question 2

B



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