Problem of double coincidence of wants is associated with

Assignment Help Business Economics
Reference no: EM13801644

The problem of double coincidence of wants is associated with:

A. paper money.

B. insurance.

C. credit cards.

D. barter system.

Reference no: EM13801644

Questions Cloud

What is your definition of success in your work life : What is your definition of success in your work life? What can you do to ensure that you achieve success? What should you avoid doing?
Housing crash and subsequent financial crisis : Between 2006 and the middle of 2008, oil prices rose sharply – from around $60 to more than $140 per barrel. By the end of 2008, however, oil prices had fallen even more sharply, to just over $40 per barrel. Consider these as two separate shocks. Als..
About the state of economy and future productivity growth : If you were Chairperson of the Federal Reserve. Show each of the following shocks on an IS-MP diagram.  Consumers become pessimistic about the state of the economy and future productivity growth. Improvements in the information technology increase pr..
International trade has pros and cons : International trade has pros and cons. Economists generally supports free trade. International trade has played a significant part in promoting economic development and technology transfer among countries. There are also various arguments in favour o..
Problem of double coincidence of wants is associated with : The problem of double coincidence of wants is associated with:
Which of the tend to increase ad : Which of the following would tend to increase AD?
Welfare system affect people’s incentive to save money : The welfare system provides income for people who are very poor, with low incomes and few assets. If a recipient of welfare payments decides to work and earn some money, the amount he or she receives in welfare payments is reduced. a. How does the ex..
Reform represent a trade off between equity and efficiency : In 1997 the Government of Ontario reformed that province’s welfare system. The reform reduced the amount of welfare payments to a person with no income, but also allowed welfare recipients to keep a larger part of their welfare payments if they did e..
Tax increase or decrease the dead weight loss from monopoly : Consider the following possible schemes for taxing a monopoly: A proportional tax on profits. Explain how each of these taxes would affect the monopolist's profit-maximizing output choice. Would the tax increase or decrease the deadweight loss from m..

Reviews

Write a Review

Business Economics Questions & Answers

  Income tax deductions for mortgage interest

If the US federal income tax deductions for mortgage interest and state and local property taxes are eliminated (with no other change in federal tax laws), many taxpayers will have to pay more tax. Describe how the tax increases would be distributed ..

  What percentile did you score in

What is the standard deviation for the class? b. What percentile did you score in?

  Freds fashion accessories of new jersey

Fred's Fashion Accessories of New Jersey produces jewelry for sale in Boston and New York subject.

  Hyundai case study

Hyundai Case Study - Common case focuses on the operations of Hyundai, the Korean automobile manufacturer, in China.

  Natural rate of unemployment for this economy

Illustrate what is the natural rate of unemployment for this economy. Assume the economy has been in equilibrium for a while also the inflation rate is 15%.

  Decreasing returns to scale occurs when

Decreasing returns to scale occurs when a firm has to increase all inputs at an increasing rate to maintain a constant rate of increase in its output.

  Is the demand elastic or inelastic

the total quantity of monthly account across all internet providers increases from 90,000 to 190,000. What is the value price elasticity of demand? Is the demand elastic or inelastic?

  What market into two distinct groups based on differences

Suppose that a firm has "pricing power" and can segregate its market into two distinct groups based on differences in elasticities of demand.

  Compute the MACRS depreciation in that year also

A group of investors has formed Trump Corporation to purchase a small hotel. The price is $150,000 for the land and $850,000 for the hotel building. If the purchase takes place in June, compute the MACRS depreciation for the first three calendar year..

  Goods that this person buys and that bread is free

Suppose also that ham and cheese are the only goods that this person buys and that bread is free.

  What is the opportunity cost of pants in terms of shirts

Home has 3,600 units of labor available. It can produce two goods, shirts and pants. The unit labor requirement in shirt production is 4, while in pants production it is 6. There is another country, Foreign, with a labor force of 2,400. Foreign’s uni..

  Role of incentives

Suppose the interest rate on 6-month treasury bills is 7 percent per year in the United Kingdom and 4 percent per year in the United States.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd