Multiple Choice
A barter system of payment is
A) similar to a money system of payment because both use one asset as a unit of account.
B) different from a money system of payment because the barter system is a better unit of account.
C) similar to a money system of payment because both are used as stores of value and units of account.
D) similar to a money system of payment because both require a double coincidence of wants.
E) different from a money system of payment because money does not require a double coincidence of wants.
Correct Answer:
Verified
Correct Answer:
Verified
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