A Barter System of Payment Is

question 80

Multiple Choice

A barter system of payment is

• A)similar to a money system of payment because both use one asset as a unit of account.
• B)different from a money system of payment because the barter system is a better unit of account.
• C)similar to a money system of payment because both are used as stores of value and units of account.
• D)similar to a money system of payment because both require a double coincidence of wants.
• E)different from a money system of payment because money does not require a double coincidence of wants.

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Definitions:

Independent Variable

The variable in an experiment that is manipulated or changed to observe its effect on a dependent variable.

Control Variables

Factors in an experiment that are kept constant to test the relative impact of the independent variable.

Control Group

In an experiment, the group that does not receive the treatment and is used as a benchmark to measure how the other tested groups compare.

Music

A form of art that uses sound organized in time, often combining vocal or instrumental sounds to produce harmony, rhythm, and expression of emotion.