menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 1
  4. Exam
    Exam 4: Consumer and Firm Behavior: The Work–Leisure Decision and Profit Maximization
  5. Question
    An Economy Without Monetary Exchange Is Called
Solved

An Economy Without Monetary Exchange Is Called

Question 15

Question 15

Multiple Choice

An economy without monetary exchange is called


A) a primitive economy.
B) a barter economy.
C) a socialist economy.
D) an autarky economy.
E) a perfectly competitive economy.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q10: A barter economy<br>A) cannot be a market

Q11: An indifference curve is best defined as<br>A)

Q12: The principle that consumers and firms optimize<br>A)

Q13: An increase in real dividend income minus

Q14: The property of diminishing marginal rate of

Q16: In macroeconomic analysis,the representative consumer<br>A) denotes the

Q17: As the quantity of labour increases,the marginal

Q18: The consumer's work-leisure choice problem focuses on

Q19: When consumption and leisure are both normal

Q20: For macroeconomic purposes,it is assumed that all

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines