what is barter economy write the four function of economy
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Answer:
in trade , barter is a system of exchange where participants in a transaction directly
exchange goods are services for other good services without using a medium of exchange, such as money .
four functions
- a medium of exchange
- a store of value
- a unit of account
- a standardof deferred payment
I hope your help in study
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Explanation:
An economy is a system whereby goods are produced and exchanged. Without a viable economy, a state will collapse. There are three main types of economies: free market, command, and mixed. The chart below compares free-market and command economies; mixed economies are a combination of the two.
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