What is a barter economy? Describe why such an approach is a difficult way for a modern

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What is a barter economy? Describe why such an approach is a difficult way for a modern economy to exist.

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Core Macroeconomics

ISBN: 978-1464191435

3rd edition

Authors: Eric Chiang

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Question Posted: Dec 08, 2015 05:52 AM

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If ours were a barter economy, how would you pay your tuition bill? What if your college did not want the goods or services you offered in payment?
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What is a barter economy? Describe why such an approach is a difficult way for a modern

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A barter economy is one in which participants directly trade goods and services wi...View the full answer

Core Macroeconomics

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