Which of the following are true of a barter economy? check all that apply. (a) money evolved out of a barter economy as traders sought to make trading easier.(b) the transaction costs of exchanges are lower in a barter economy than in a money economy.(c) average living standards can be expected to be lower in a barter economy than in a money economy.

The correct answers are A) Money evolved out of a barter economy as traders sought to make trading easier and C) Average living standards can be expected to be lower in a barter economy than in a money economy.

The statements that are true of a barter economy are the following: Money evolved out of a barter economy as traders sought to make trading easier and average living standards can be expected to be lower in a barter economy than in a money economy.

In a barter economy, products and services are traded or exchanged for other things with the same value. Barter does not include cash. Many ancient civilizations used bartering for the exchange of their products. But to make trade easier, ancient civilizations like the Phoenicians invented the first kind of money to facilitate the establishment of value for goods.

not  

cuba  

russia  

iraq  

el salvador  

explanation:

known as the land of volcanoes, el salvador has visit seismic tremors and volcanic movement. it is the main nation in central america that does not have a coastline on the caribbean sea. about portion of all salvadorans live in the wide open. they are poor and don't have power or running water in their homes. in 1525, pedro de alvarado, a lieutenant of cortés's, vanquished el salvador. el salvador, with alternate nations of central america, pronounced its freedom from spain on sept. 15, 1821, and was a piece of a league of central american states until the point when that association broke up in 1838.