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Also get the various types of fractions with properties and examples. What is Barter system.

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3 Marks AnsBarter system of exchange is a system in which goods are exchanged for goods.

Definition of economics ncert. Difficulty in storing wealth. Demand is the number of goods that the customers are ready and able to buy at several prices during a given time frame. For more Maths definitions register with BYJUS.

Lack of double coincidence of wants. The association between price and quantity demanded is also known as demand curvePreferences and choices which are the basics of demand can be depicted as the functions of costs odds benefits and other variables. NCERT Solutions for Class 12 Macro Economics Chapter-3 Money NCERT TEXTBOOK QUESTIONS SOLVED 1.

Learn the fraction definition here. What are its drawbacks.

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