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Q: What is the economy in which people use currency rather than bartering to buy and sell goods?
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What is a money economy?

It is an economy where people use currency rather than barter to buy and sell goods.


Is bartering a noun?

Yes, the word 'bartering' is the present participle of the verb 'to barter'. The present participle of the verb is a gerund (a verbal noun); for example: Very few people are skilled in the art of bartering.


What economic system is bartering in?

an economic system based on exchanging goods rather than paying for them- apex :)


What is the term for trade that is based on the exchange of goods rather than for money?

This is known as bartering.


What is currency drain?

The effect of people holding part of the increase in the money supply as currency, rather than depositing it so that it can be used to create more loans


How can deficit financing policy can cause inflation in Pakistan?

Deficit Financing is a tool with Government to finance development and non development expenditures by printing currency notes. Due to the Government spending the extra currency notes come in circulation in economy. Since total amount of goods and services in the economy remain the same rather people get addition money to buy the goods and services. Due to the effect of demand pull inflation the prices of goods and services in the economy rises and is main source of inflation.


Can Ramadan affect the economy?

i dont't think so,rather it would boost the economy in a way whereby most people shop for ramadan period,the marketing aspect would be encouraged


What is an money economy?

an economic economy based on money exchange rather than barter


What did hoover do to help the economy after the stop market crashed?

getting people back to work rather than directly granting relief


What currency you should carry?

A rather vague question. I would recommend carrying the currency which is currently in use in your country of residence.


When it say '250 has been taken from your account' on a minecraft server what does this mean?

It means that the particular server has some kind of economy plugin, to give players virtual currency for that server. Players are typically given a small amount to start with, this currency can be used to buy blocks rather than have you mine them, but more can be earned by selling blocks you have mined yourself.


Microeconomics is the study of?

a section of the economy rather than as a whole