Macmillan Learning Suppose your government-perhaps for ideological reasons-bans money, so that citizens must directly barter another for goods and services. As a psychotherapist, you primarily have just one product, psychotherapy, to trade for other goods and services. You greatest challenge in such an economy is the possibility: that no one will want psychotherapy. that you may not be able to find a trading partner who wants psychotherapy and who, in return, has a good or service that you want. of deflation. of inflation.
Macmillan Learning Suppose your government-perhaps for ideological reasons-bans money, so that citizens must directly barter another for goods and services. As a psychotherapist, you primarily have just one product, psychotherapy, to trade for other goods and services. You greatest challenge in such an economy is the possibility: that no one will want psychotherapy. that you may not be able to find a trading partner who wants psychotherapy and who, in return, has a good or service that you want. of deflation. of inflation.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Macmillan Learning
Suppose your government-perhaps for ideological reasons-bans money, so that citizens must directly barter
another for goods and services. As a psychotherapist, you primarily have just one product, psychotherapy, to trade for other
goods and services. You greatest challenge in such an economy is the possibility:
that no one will want psychotherapy.
that you may not be able to find a trading partner who wants psychotherapy and who, in return, has a good or service
that you want.
of deflation.
of inflation.
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