Medium of exchange
Assignment Details
| Total Points | 1.5 |
| Release Date | 2017-09-12 |
| Due Date | 2017-09-14 |
| Instructions | To Build A Market For Information, We Need A Medium Of Exchange. Money Is An Obvious Choice And Can Be Used In Exchange For Information. Apart From Money, What Would Be Another Effective Medium Of Exchange For Information Markets? How Would Such Exchanges Work? Under What Conditions Would This Medium Be Preferred To Money? (If No Such Conditions Exist, Explain Why.) |