FIGURE 1- 1 with a Budget of $200 Million,the Government Can Choose to Can

Multiple Choice

FIGURE 1- 1
With a budget of $200 million,the government can choose to purchase 4 helicopters or repair 200 km of highway.

-The barter system of exchange is inefficient because

A) bargaining power is unequal between rich and poor.
B) "fair" values cannot be defined without the use of money.
C) markets do not exist.
D) exchange partners need to know each other.
E) the double coincidence of wants may not exist.