This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following statements best describes a barter system of exchange? (Read 46 times)

jordangardner

  • Full Member
  • ***
  • Posts: 145
on: Oct 12, 2022

Question 1

If an economy exhibits the specialization of labour, we know that
◦ most production is artisanal in nature.
◦ different individuals are producing different products.
◦ each worker is self-sufficient.
◦ job security is ensured.
◦ a barter economy is more suitable.

Question 2

Which of the following statements best describes a barter system of exchange?
◦ It developed late in history.
◦ It requires the use of money.
◦ It eliminates the transactions costs involved in exchange.
◦ It is the most efficient form of exchange.
◦ It involves the trading of goods directly for other goods.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jordangardner on Oct 12, 2022

Marys

  • Full Member
  • ***
  • Posts: 171
Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


jordangardner

  • Member
  • Posts: 145
Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

raenoj

  • Member
  • Posts: 340
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

The bicarbonate buffer system The bicarbonate buffer system
Education System Education System
Disorders and Diseases of the Endocrine System Cont Disorders and Diseases of the Endocrine System Cont
Basic structure of the autonomic nervous system. Basic structure of the autonomic nervous system.
Female Reproductive System - Mature (graafian) follicle "الجهاز التناسلي ... Female Reproductive System - Mature (graafian) follicle "الجهاز التناسلي ...
The two circuits of the human cardiovascular system The two circuits of the human cardiovascular system
Video: Stretch reflex & Tendon reflex

For a complete list of videos, visit our video library