In a barter economy, if there are 6 goods, how many unique exchange ratios are needed to compare every pair
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Chapter 11: Money as a Medium of Exchange (Set-4)
In a barter economy with 10 different goods, what issue becomes serious because many pairwise exchange rates are needed A
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In barter, what mainly increases when the number of goods and traders becomes very large A Note printing rises B
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Which condition makes barter difficult when wants do not match at the same time A Wants coincidence absence B Legal
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In a barter trade, what must usually happen for exchange to succeed A Double coincidence wants B Common price list
Continue readingChapter 10: Public and Private Sectors (Set-5)
A company is privately owned, but the government legally controls tariffs, service quality, and coverage targets; this arrangement is best
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If an enterprise is privately owned but the government fixes key rules and prices for its service, the best description
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If a firm is listed under public sector in ownership classification, the most direct reason is that the government A
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In ownership-based classification, an enterprise is placed into a sector mainly by checking who A Sets daily targets B Owns
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When a company’s assets are mainly owned by the government and it works under government control, it is usually called
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