Which of the following is an example of barter? Multiple Choice O O Ahmed donates to a charity knowing that he will receive tax benefits from doing so. Kwame leaves a large tip for his walter. Nora purchases lunch with cash. Hena takes out her neighbor's trash, and the neighbor gives Hena some chocolate as repayment.

Q: If bribery is common in a particular country, what effect will it have on the nation’s economy and…

A: A country in which bribery is common will not be able to function properly because corruption…

Q: One issue with barter is that sometimes there are commodities that cannot be broken down to smaller…

A: Barter system is the situation where goods are used for the payment of purchasing other goods.

Q: A barter economy is an economy where goods and services are exchanged for money. money is exchanged…

A: Barter system is the system where goods and services are exchanged for the other goods and services.…

Q: economic whit out money use this system exhange between 2 people where 2 people each want one good…

A: Barter system is the system where two people each have their good and acquire the other good by…

Q: Mike's expected utility. (b) What is the maximum amount that Mike is willing to pay for auto insurar…

A: The expected utility theory is a famous idea in financial aspects that fills in as a kind of…

Q: What is a major disadvantage of using barter instead of money? Wnite a few sentences to explain

A: Barter System: When goods are directly traded for the other goods and there is no involvement of…

Q: You use the British pound currency to pay the rent of your apartment. The currency Select one: a.…

A: In economics, money is defined as an asset or set of assets that individuals in the economy use for…

Q: are you in favour or against the abolition of cash?why

A: Abolishing of cash refers to ending the use of print cash and depending on the cashless system. This…

Q: Don't use ai to answer I will report your answer Solve it Asap with explanation and calculation

A: Role of MoneyMedium of ExchangeUnit of AccountStore of ValueShen can easily determine that the price…

Q: Which of the following describes the exchange of goods for goods? a. Barter system b. Exchange rate…

A: Exchange refers to the transfer of goods or other physical or non-physical asset between two…

Q: Suppose a new customer adds $100 to his account at North Central National Bank, which the owners of…

A: A sum of money borrowed and paid with interest is referred to as a loan. It is given by the central…

Q: The use of money is more efficient than barter because the introduction of moneyTop of Form reduces…

A: Money is a resource or asset that is accepted and used as an exchange medium to buy commodities and…

Q: Deuce loans $5,000 to Ace. Ace puts up his 1955 MG Roadster as collateral and signs a security…

A: Below is the given information: The amount of loan = $5000 Collateral goods = 1955 MG Roadster

Q: Economics Explain the logic behind Say's law and how it really only makes sense in a barter economy…

A: This Say's law implies that 'supply generally drives its own demand. There can't be general…

Q: Long gone are the days when the exchange of goods and services was done using the barter system.…

A: Cash: Money is the measure of cash accessible to your business - including coins, notes, cash in…

Q: What Is  the term Switching Policy?

A: Governments of countries often take measures to promote domestic production and consumption of…

Q: Examples of money motive on basis which money required by people ?

A: The money has numerous functions like - it acts as - unit of measurement, store of value and means…

Q: Bolt Upright goes to the local music store and sees a CD of his favorite boy band the beasty boys…

A: Money refers to anything that accepted widely for the transaction of goods and services. Money…

Q: 33. The dual confidence of wants Is a problem In barter. For this reason money Is an Improvement…

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: True or false question: Making minimum payment will result in paying off your cards eventually?

A: Credit cards are a type of payment card that allows the holder to borrow funds from a financial…

Q: Explain why this following statement is true or false? a) Money requires double coincidence of…

A: Money is the medium of use as a payment after purchasing the products or services.

Q: Paying for sneakers using a credit card is an example of a person borrowing

A: A credit card refers to a thin rectangular piece of plastic or metal card issued by financial…

Q: Espinoza has $1,000 in cash, he deposits the total amount in Legion Banc. How much can LegionBanc…

A: In the banking sector, when an individual deposited his money, the proportion of this money is used…

Q: What makes barter incapable of doing credit payments? O a. Coincidence of wants O b. Common unit of…

A: Under the barter system, people exchanged goods in return for other goods. In the barter system,…

Q: Which of the following is a drawback of using barter compared to paying with money? Select the…

A: The correct answer is: "Barter is more difficult than money to use as a store of value."Unlike…

Q: Can you thoroughly explain the broken window fallacy?

A: Earlier to Broken window fallacy given by Frederic bastiat, the economist was of the opinion that…

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A: In common law jurisdictions, a deception(misrepresentation) is a false or misdirecting articulation…

Q: Recognize the situation when both the parties in a barter economy have to agree to sell and buy each…

A: Barter is a demonstration of exchanging goods or services between two or more gatherings without the…

Q: Discus any 3 types of motives for holding money

A: Money demand manifests the amount of currency units that domestic residents hold for meeting their…

Q: Summarize how the“three players” caninfluence the moneysupply.

A: Money supply represents the total stock of money in the form of currency in circulation or bank…

Q: Rubber is an input in tires. What will definitely happen if the price of rubber decreases? Demand…

A: Demand curve different combinations of price and quantity demanded and supply curve shows different…

Q: What is a barter system in any economy and what are its drawbacks??

A: Definition: A barter system is called an old method of exchange. This system has been rehearsed for…

Q: Which of the following best illustrates the focus of monetary p

A: Monetary Policy: Monetary policy refers to the policy instruments with the central bank of a country…

Q: Match each concept (roman numbers) with its definition (capital letters). 1. Commodity II. Commodity…

A: Since you have posted two independent questions, according to our guidelines only the first question…

Q: When money serves as a unit of account, this means that money acts as... Select the correct answer…

A: Money is a form of asset that individuals in an economy use to buy goods and services.Money acts as…

Q: The buying power of a dollar increases when more money is available?? True or false

A: Buying power is also known as Purchasing power Purchasing power refers to the number of goods and…

Q: From Mishkin (2018), pp. 60: In person, cigarettes are sometimes used among inmates as a form of…

A: Solving 1

Q: J.P. Morgan is credited with forcing the U.S. government into approving legislation that created the…

A: The United States central bank is known as the Federal Reserve and regulates monetary policy.  It is…

Q: All of the following are examples of savings vehicles EXCEPT Savings account Money Market Account…

A: Individuals receive income for various services provided by them in the production of goods and…