Multiple Choice
Which of the following is necessary to make a trade in a barter economy?
A) money
B) unlimited wants
C) a medium of exchange
D) a coincidence of wants
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q6: A production system where various workers concentrate
Q7: (Consider This) Explain the differences in economic
Q8: List nine characteristics of the market system.
Q9: The market system's answer to the fundamental
Q10: Enterprise managers and workers in the Soviet
Q12: Which of the following statements about markets
Q13: Describe the three major virtues of a
Q14: The fact that the major indicator of
Q15: A characteristic of centrally planned economies is
Q16: Freedom of enterprise<br>A) is a characteristic that