What Decisions Does The Business Cycle Help Businesses?

What advantages does money over bartered goods?

Money has a set value, and bartered goods do not.

Money is more portable than bartered goods.

Money is always worth more than bartered goods.

Money allows people to easily store value they earn..

Which best describes the economic impact of defaulting on bank loans the economy suffers because banks have less money to loan to others?

Which best describes the economic impact of defaulting on bank loans? the economy suffers because banks have less money to loan to others. … The models represent the movement of money throughout the economy.

What term is used in macroeconomics to describe the total supply and the total demand Capitalinflationaggregateequilibrium?

What term is used in macroeconomics to describe the total supply and the total demand? The term used to describe total supply and demand is aggregate.

Which best describes what is represented in the business cycle model?

The business cycle, also known as the economic cycle or trade cycle describes the rise and fall in production output of goods and services in an economy. The rise and fall is measured using rise and fall in real – inflation-adjusted – gross domestic product (GDP).

What is the most liquid form of money?

M1M1 includes the most liquid portions of the money supply because it contains currency and assets that either are or can be quickly converted to cash.

What gives commodity money its value?

Hence, the type of material with which money is made is what gives commodity money its value because it is based on the perception of the buyer and seller of goods and services. A commodity money simply refers to money that derives its value from the commodity with which it is created from.