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Introduction to Economics 2
Introduction to Economics 2 Deneme Sınavı
Introduction to Economics 2 Deneme Sınavı Sorusu #755394
Introduction to Economics 2 Deneme Sınavı Sorusu #755394
Which of the following options would lead to an environment having no common instrument for exchanging?
Money economy |
Free economy |
Barter economy |
Health econmy |
Manufacturing economy |
Yanıt Açıklaması:
The best way to understand the function of money as a medium of exchange is to consider an environment having no common instrument for exchanging. In such an environment, goods and services would be exchanged with other goods and services. So, in such environments there would be a barter economy and people would Exchange the goods they produced with the goods they want to consume.
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