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Q: How can the terms barter and money economy be used to describe the change in the Lydian economy?
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What did the use of coins in the Persian Empire resulted in?

increased trade and an easier method of payment, a change from the barter method to amoney economy occured, a standardization of prices and payments throughout the land.


What is synonyms of exchange?

interchange, change, trade, switch, swap, barter


What would be a reasonable monetary policy for an economy in a recession?

The problem with this is that reason is subjective. So whatever answer you get for this may change. And my answer is purely what I think should occur, but it may not be realistic: I would think barter is is a good monetary policy for an economy in a recession, as well as heavy taxation of the rich (25% and over), because the problem with selling things in a recession is that people may or may not have the money for what you're offering, but they want it. So they can barter with you for it. You can in turn trade in these goods to a bank for money. It's a merger between barter and actual money.


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