How did the invention of money as a medium of exchange affect the barter system?

1 answer:

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The barter system is a form of trading in which goods are exchanged directly for other goods without the use of money or as an intermediary, without a medium of exchange. The invention of money supplemented the barter system by providing a nonperishable medium of exchange.

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The _________________ is the buying and selling of Treasury securities to influence the nation’s money supply..

Lynna [10]

Answer:

open market operation

Explanation:

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2 years ago

Plz plz plz help me with these two click the pic plz multi choice

makvit [3.9K]

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For the first multi choice, I think the answer is `whether or not there is enough competition to keep prices low and quality high'

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Suppose the U.S. Drug Enforcement Agency steps up its efforts to control the illegal importation of cocaine into the United Stat

nikklg [1K]

Answer:

The Price of Cocaine would rise drastically

Explanation:

If U.S Drugs Enforcement Agency impose higher restrictions in an effort to control illegal import of cocaine into the United States, this would directly impact the market for illegal drugs in the following ways:

Since more restrictions get imposed, the procurement cost of cocaine alongside the risk associated with it in the form of higher penalties and prosecution, both will rise.
The supply of cocaine would shrink in the market.
The above two outcomes would result into the procurers and peddlers demanding much greater price for the same quantity of cocaine so as to compensate for the higher risk assumed and higher procurement costs associated.

Thus, price of cocaine will rise drastically as an outcome of such a move.

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