Barter is:

A. the direct trade of goods and services for other goods and services.
B. the extension of credit to borrowers using funds raised from savers.
C. a means of channeling funds from savers to borrowers with productive investment opportunities.
D. an equity claim to ownership.


Answer: A

Economics

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Robert Fogel (1964) demonstrates that

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Refer to the figure. The optimal level of immigration in this country:



A.  is Q 1 .
B.  is Q 2 .
C.  is Q 3 .
D.  cannot be determined with the information given.

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