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Identify the Statement Which Is True of a Barter System

Question 149

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Identify the statement which is true of a barter system?


A) In a barter system,trade will only occur if there is a double coincidence of wants.
B) In a barter system,an individual offers coins to get a good or service.
C) In a barter system,an individual offers a commodity money to get fiat money.
D) In a barter system,different kinds of money are exchanged for one another.
E) In a barter system,individuals are self-sufficient.

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