Multiple Choice
Which of the following is an example of barter?
A) A parent gives a teenager a R100 note in exchange for her babysitting services.
B) A homeowner gives an exterminator a cheque for R500 in exchange for extermination services.
C) A barber gives a plumber a haircut in exchange for the plumber fixing the barber's leaky tap.
D) All of the above are examples of barter.
Correct Answer:
Verified
Correct Answer:
Verified
Q21: Money has three functions: It acts as
Q34: Which of the following policy actions by
Q41: If there is a general shortage of
Q42: When an economy uses gold as money
Q46: Which one of the following is NOT
Q47: Discuss the role of the South African
Q50: A(n) _ card is used as a
Q52: What is the repo rate?
Q53: When the central bank in an economy
Q109: What is the difference between money and