Multiple Choice
An economic system in which money is not used as a medium of exchange is a
A) planned economy.
B) market economy.
C) mixed economy.
D) barter economy.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q255: Which of the following is true of
Q256: What are the two main problems that
Q257: Businesses seeking higher profits and resource suppliers
Q258: In a market system, entrepreneurs start businesses
Q259: Specialization in production is important primarily because
Q261: Refer to the provided figure. If box
Q262: By freedom of enterprise, we mean that
Q263: Innovation lagged in the centrally planned economies
Q264: Economic systems differ according to which two
Q265: The competitive market system<br>A) encourages innovation because