Project #78368 - Economics

  1. Explain how value can be created simply by exchange even when nothing new is produced? [This is true for a monetary and for a barter economy].
  2. Explain how competitive privately issued currencies would work automatically to provide consumers with protection against inflation?
  3. Would interest exist in a pure exchange economy where no production occurred? Explain.
  4. Briefly contrast the static and dynamic views of monopoly and the policies appropriate for each.

Subject Business
Due By (Pacific Time) 08/06/2015 12:00 am
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