Multiple Choice
Barter can only take place if there is
A) low transaction costs.
B) money.
C) a double coincidence of wants.
D) no inflation.
E) a double coincidence of money.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q47: Without money to act as a medium
Q48: The official definitions of money can include
Q49: The quantity of money that the banking
Q50: Use the figure below to answer the
Q51: The higher and more unpredictable the changes
Q53: Suppose that the banking system has excess
Q54: The money multiplier will decrease if the
Q55: The higher and more unpredictable the changes
Q56: Use the figure below to answer the
Q57: Money's function as a unit of account