Multiple Choice
In a barter system,
A) trade will only occur if there is a double coincidence of wants
B) an individual offers money to get a good or service
C) an individual offers a good or service to get money
D) different kinds of money are exchanged for each other
E) individuals are self-sufficient
Correct Answer:

Verified
Correct Answer:
Verified
Q43: A country that has experienced hyperinflation is<br>A)Brazil<br>B)Russia<br>C)Venezuela<br>D)Zimbabwe<br>E)All
Q44: The discount rate is<br>A)the interest rate charged
Q45: Gresham's Law states that people<br>A)sell goods for
Q48: Specialization of labor means that<br>A)production requires a
Q49: The Federal Reserve System was created<br>A)by the
Q50: The currency of Camelot is the noble.King
Q51: All of the following are reasons that
Q96: Between 1930 and 1933,many banks in the
Q101: To say that money serves as a
Q131: Inflation is impossible in a commodity money