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ASAP Need help answering these four questions. Thank you. 1 Short Answers 1. For each of the following types of money, give an example of

ASAP Need help answering these four questions. Thank you.

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1 Short Answers 1. For each of the following types of money, give an example of it: (a) Commodity money: (b) Precious metal: (c) Digital currency: 2. Give an example where a barter economy is less efcient than an economy with money. Make your example concrete: who are the people in the economy? What do each person want and need? Why barter is inefcient? 2 Solving for Equilibrium On an island lives 2 persons, you and neighbor. You have an avocado tree, which grows 150 avocados this year, 50 next year. Your neighbor's tree grows 20 this year, 160 next year. Both you and neighbor has product utility 0102. What will be end up being the agreement between you and your neighbor

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