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1 - What does the barter system mean? Compare and contrast between commodity money and paper money. Explain their differences with examples.

2 - What is a short-run goal? What is a long-run goal? Give examples of one short-term goal and one long-term goal that would help you balance your budget.

3 - What is philanthropy? Think of four ways you could use money to do good deeds in society.

1 Answer

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Answer:

barter system means exchanging goods and services between a persons or amongst countries

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