Mike makes excellent cheesecake and Sue is very good at changing the oil in a car. Sue agrees to change the oil in Mike's car, if he makes her a cheesecake. This is an example of Group of answer choices barter. fiat money. commodity money. legal tender.
Mike makes excellent cheesecake and Sue is very good at changing the oil in a car. Sue agrees to change the oil in Mike's car, if he makes her a cheesecake. This is an example of Group of answer choices barter. fiat money. commodity money. legal tender.
Chapter21: Demand: Consumer Choic
Section: Chapter Questions
Problem 14E
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Question
Mike makes excellent cheesecake and Sue is very good at changing the oil in a car. Sue agrees to change the oil in Mike's car, if he makes her a cheesecake. This is an example of
Group of answer choices
barter.
fiat money.
commodity money.
legal tender.
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