Aishatouu Aishatouu
  • 14-01-2024
  • Social Studies
contestada

State four similarities and differences between money and other commodities used in trade by barter

Respuesta :

vancesavanah
vancesavanah vancesavanah
  • 14-01-2024

Answer:We distinguish between the two in the following way. In a direct barter economy, the goods one owns are exchanged for the goods one desires. In a commodity money economy, the goods one owns may be traded for a good that is not consumed but is traded, in turn, for the good one desires.

Answer Link

Otras preguntas

What is MG=7x-15,FG=33,x=?
Helppppppp Meeeeee!!!!!
Which of the following elements is an alkali metal? Select one: a. magnesium b. sodium c. calcium d. mercury
State one conclusion about atomic structure based on the observation that almost all alpha particles passed straight through the foil
Which statement about a wave produced by a doorbell is true? A. it does not require a medium to travel B.it propagates in the form of compression and rarefactio
In EFG, mE = 30, mF = 60, and mG = 90. Which of the following statements about EFG are true?
La clase ---------- ----------- (empezar).
What is five thousand two hundred twenty-five and seventy-two thousandths expressed in standard form?
jasmine puts 18 hats away.she puts an equal number of hats on 3 shelves.how many hats are on each shelf?Model the problem with both an array and a labeled tape
Select all of the expressions that are equivalent to 13(−5x−62)−78 . −8x24+2124 −20x−4524 −5x−66−78 5x−6−2112