Multiple Choice
Barter is
A) the direct trade of goods and services for other goods and services.
B) an asset used in purchasing goods and services.
C) the extension of credit to borrowers using funds raised from savers.
D) an equity claim to ownership.
E) a means of channelling funds from savers to borrowers with productive investment opportunities.
Correct Answer:

Verified
Correct Answer:
Verified
Q31: Money serves as a store of value
Q32: In Econland,all $15,000,000 in currency is held
Q33: Money serves as a measure of economic
Q34: In response to the persistence of recessionary
Q35: Any asset used to make purchases is<br>A)
Q37: The quantity equation states that<br>A) Y =
Q38: The quantity equation states that money times
Q39: Suppose r is the desired reserve-deposit ratio
Q40: In Macroland,there is $2,000,000 in currency.The public
Q41: Commodity money refers to<br>A) gold.<br>B) silver.<br>C) fiat