History, 18.11.2020 04:40, jngonzo1226

Which of the following statements describes the act of paying for a specific amount of rice with a specific amount of salt? IF YOU ANSWER FIRST AND GET IT CORRET YOU GET BRAINLIEST BUT IF YOU ANSWER SECOND AND GET IT RIGHT AND THE FIRST ANSWER WAS WRONG THAN THE SECOND PERSON GETS BRAINLIEST. A. In a monetary system, prices are determined for goods in terms of the amount of other goods necessary to have an equal exchange. B. In a bartering system, two goods are exchanged directly without money because there is no common system of currency.

C. In a bartering system, two goods are first valued using a common currency and then D. traded directly based on that value.

E. In a monetary system, prices are determined only by the sellers, while the buyers must pay the price determined by the seller.

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Which of the following statements describes the act of paying for a specific amount of rice with a s...