Cost of making transaction relative to barter-direct exchang

Assignment Help International Economics

Reference no: EM13182827

for most purposes, money lowers the cost of making transactions relative to barter-the direct exchange of one good or service for another. However, barter has not disappeared, even in an advanced economy such as that of the United States. Can you give an example of the use of barter in the U.S. economy today. Why is barter used instead of money in this case?

Reference no: EM13182827

Questions Cloud

State a living organism has an activity : A living organism has an activity of 15.2 counts per minute (cpm) per gram of carbon. If a bone is determined to have an activity of 3.80 cpm per gram of carbon, how old is the bone?

Calculate the equilibrium constant keq : Compute the equilibrium constant, Keq, for the reaction of equimolar amounts of acetophenone, C6H5COCH3, and hydroxide ion to generate the enolate ion.

Calculate and interpret the z-score for a sales associate : Suppose annual salaries for sales associates from a particular store have a mean of $32,500 and a standard deviation of $2,500. Calculate and interpret the z-score for a sales associate who makes $36000.Suppose that the distribution of annual sala..

Sodium benzyloxide is reacted with excess acetic anhydride : when sodium benzyloxide is reacted with excess acetic anhydride it produces benzyl acetate and by products.

Cost of making transaction relative to barter-direct exchang : for most purposes, money lowers the cost of making transactions relative to barter-the direct exchange of one good or service for another. However, barter has not disappeared, even in an advanced economy such as that of the United States. Can you ..

State hydrofluric acid in an aq solution has a molar mass : Hydrofluric acid in an aq solution has a molar mass of 20.01g/mol. A chemist dissovles a .2001g sample in 20.0 mL and titrates it

State what is the molecular mass of pyruvic acid : A 1.73 g sample is dissolved in 100.0 mL water is titrated with 0.500 M NaOH; it takes 39.4 mL to reach the equivalence point. What is the molecular mass (g/mol) of pyruvic acid?

State what minimal distance should the worker remain : Suppose a worker fears being exposed. The source radiates wit 3540 rem at 500.0 cm. what minimal distance (m) should the worker remain?

State what is the solubility : BaSO4 is listed as insoluble. Actually, BaSO4 is highly soluble, Ksp=1.1e-10. What is the solubility, in mg/l?

User Account

All Pages