When two persons exchange their goods without bringing in money, it is known as

Related MCQs

• Exchange of ideas, opinions, information etc. between two or more persons is________.
• Public goods are different from private goods because
• The type of authority is invested with the persons by virtue of the office held by them is ____.
• Indicate the group of persons who gain from inflation
• Exchange of messages through spoken words is_________.
• A bonus plan in which allowance is determined in terms of time for each unit of output instead of money is
• In case of paper money the face value is
• A rupee received in one year is not equivalent to a rupee received today, because the use of money has a value. This is the principal under
• People will tend to demand money if they think
• People will tend to move out of money and into bonds if they think