Multiple Choice
Consider the following traders who meet.
Which,if any,pairs of traders has a double coincidence of wants?
A) Bob with Alice
B) Ted with Alice
C) Bob with Mary,Ted with Bob,and Ted with Alice
D) None of the pairs above has a double coincidence of wants.
Correct Answer:
Verified
Correct Answer:
Verified
Q10: Money<br>A)is more efficient than barter.<br>B)makes trades easier.<br>C)allows
Q29: Suppose banks decide to hold fewer excess
Q35: Credit card limits are included in<br>A)M1 but
Q62: Credit cards are<br>A)a medium of exchange.<br>B)counted as
Q63: In recent years the Federal Open Market
Q76: The "yardstick" people use to post prices
Q98: The set of items that serve as
Q164: Members of the Board of Governors are
Q196: Demand deposits are balances in bank accounts
Q201: When the Fed conducts open-market sales,<br>A) it