Question: 1) A system where goods and services are exchanged directly without a common unit of account is call A) fiat system. B) barter system. C

1) A system where goods and services are exchanged directly without a common unit of account is call A) fiat system. B) barter system. C commodity system. D) none of the above

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!