Question
I need those questions answers because these questions may be come into my final exam. The questions are Explain 5 difficulties associated with the barter
I need those questions answers because these questions may be come into my final exam. The questions are
Explain 5 difficulties associated with the barter trade system
What is the difference between metallic money, commodity money and fiat money?
State 4 functions of money.
State and explain the 5 steps used to calculate inflation.
State and explain the causes and effect of inflation
Explain the 3 types of games and give example of each
What is the different between the buyers' market and the sellers' market? Give the characteristics of each.
Explain the difference between a gift, a trade and a transfer. Give examples of each
Explain these two concepts
a. The $10 principle and the law of demand
b. The $10 principle and hiring.
What components of GDP (if any) would each of the following transactions affect?
Explain
A family buys a new refrigerator.
Aunt Jane buys a new house.
Ford sells a Thunderbird from its inventory.
You buy a pizza
Quebec repaves Highway 50.
Your parents buy a bottle of French wine.
Honda expands its factory in Alliston, Ontario.
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