Question, Macroeconomics

Assignment Help:
The greater the number of different goods available in an economy,
Question 1 options:

a) the less likely it is that a double coincidence of wants will exist, and the less likely it is that monetary exchange will develop

b) the less likely it is that a double coincidence of wants will exist, and the more likely it is that monetary exchange will develop

c) the more likely it is that a double coincidence of wants will exist, and the less likely it is that monetary exchange will develop

d) the more likely it is that a double coincidence of wants will exist, and the more likely it is that monetary exchange will develop

e) the more likely it is that individuals are producing only goods they want to consume

Related Discussions:- Question

Balance of payments, Balance of Payments   All countries have economic t...

Balance of Payments   All countries have economic transactions with other countries. These consist of import and export of goods and services, official and private gifts and don

GDP, Calculate the marginal cost and marginal analysis for the following ta...

Calculate the marginal cost and marginal analysis for the following table. Calculate the answers and insert them into the shaded cells. Units Produces Cost per Unit Total Cost Ma

Circular flow of income, Explain a circular flow of income in a frugal econ...

Explain a circular flow of income in a frugal econmomy with diagram

Show factors that govern the price elasticity of demand, Q. Show factors th...

Q. Show factors that govern the Price Elasticity of Demand? a. The number and closeness of the substitutes- The more and the better the substitutes, the grater is the Price Ela

Gross domestic savings, Gross Domestic Savings  Income not devoted to c...

Gross Domestic Savings  Income not devoted to current consumption is saved. In an economy during a particular year some units will consume less than their income while some wil

Solow model, Q1. The poorest countries in the world have a per capita incom...

Q1. The poorest countries in the world have a per capita income of about $600 today. We can reasonably assume that it is nearly impossible to live on an income below half this leve

Define the real wage, Q. Define the Real wage? Consider the following s...

Q. Define the Real wage? Consider the following scenario. You work full time and during January 2008 you make 2000 euro after tax. A certain basket of goods and services costs

Show the three approaches of measuring national income, Illustrate the thre...

Illustrate the three approaches of measuring national income? Show that these three approaches give identical result. Explain private saving. How is the private saving used

Explain the term production function in the economics, Explain the term pro...

Explain the term production function in the economics. Production Function A production function is the association between the quantity of inputs a firm utilizes and the qu

Write Your Message!

Captcha
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