Multiple Choice
Which of the following is an example of barter?
A) A parent gives a teenager a $10 bill in exchange for her babysitting services.
B) A homeowner gives an exterminator a check for $50 in exchange for extermination services.
C) A barber gives a plumber a haircut in exchange for the plumber fixing the barber's leaky faucet.
D) A doctor performs surgery on a patient whose insurance pays 100% of the bill.
Correct Answer:

Verified
Correct Answer:
Verified
Q187: Suppose that in a country the total
Q188: In order for currency to be widely
Q189: If the Fed raised the reserve requirement,
Q190: Credit cards are a medium of exchange.
Q191: Describe the role of bank leverage in
Q193: Commodity money cannot be used as a
Q194: When you purchase school supplies at the
Q195: Roundabout trade decreases production.
Q196: If the Federal Reserve increases the interest
Q197: If the reserve ratio is 5 percent,