Lupe entered her paycheck in the wrong column. She also forgot to record one of her purchases.
i'm doing this assignment rn too lol
Not being able to pay it off is a big one.
After adopting the barter system, it was determined that a simpler form of exchange was required, leading to the choice of a single good that could be freely exchanged for any other good with the consent of the parties.
<h3>What is a barter system?</h3>
In trade, barter (derived from baretor) is an exchange system in which parties engage in direct exchanges of one commodity or service for another without the use of a medium of exchange like money.
Tribes from Mesopotamia are most likely where the bartering system began circa 6000 BC. The Phoenicians observed the procedure and incorporated it into their culture. These prehistoric humans traded goods for the food, tools, and spices they required.
The lack of foreign currency and the imbalance in the trade do not exist under this system. Waste that happens in a monetary economy does not happen in a barter system. since neither an excess nor a shortage of products exists.
To learn more about the barter system refer to:
brainly.com/question/1296806
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Answer:
4. cannot currently produce.
Explanation:
The Production Possibilities Frontier is a graph that shows a combination of goods that can be produced using the resources and technology available and the points outside this curve are not possible to produce with the current levels of resources and technology. According to this, the answer is that any point outside a country's production possibilities frontier represents a combination of two goods that an economy cannot currently produce because that will require more resources and technology.
