shaddeyTgMassie
shaddeyTgMassie shaddeyTgMassie
  • 17-02-2016
  • Social Studies
contestada

When Ricky sells his used desk for $50, money is a _____.

Respuesta :

andriansp andriansp
  • 18-02-2016
In that case, money is a medium of exchange

in the past, we use barter (exchanging goods) system to require new goods.
For example, if i want a fresh bag of potatoes, i will give you a dozen of eggs.

Now, we use an intermediary called money for trading to avoid inconvenience in barter ( some time an equal value)me the goods that was exchanged in barter dont have an equal value.

This intermediary is called medium of exchane
Answer Link

Otras preguntas

What was the main reason that the Spanish established missions?
Landscape paintings such as this were popular during which dynasty?
why was Franklin d roosevelt considered one of the best leaders
How did the South Atlantic System shape colonial society?
What weapons were used to kill civilians during ww2?
What was the main reason that the Spanish established missions?
A baker decorated 42 cupcakes in 30 minutes she decorated cup cakes at a constant rat how many cupcakes can the baker decorate per minute
If it is sunny, then I will have a picnic. Today it is sunny 1)I will have a picnic today 2)if I am having a picnic, it must be sunny 3)if it is not sunny, then
what does the fourth amendment mean in ur own words
Organisms exist which are able to survive using only glycolysis (i.e. without using oxidative phosphorylation). a. True b. False