Which of the Following Statements Is True of a Barter

Multiple Choice

Which of the following statements is true of a barter system?

A) In a barter system economy,no rates of exchange are defined.
B) In a barter system economy,there are as many different rates of exchange as there are pairs of goods to trade.
C) In a barter system economy,rates of exchange are expressed in goods per dollar.
D) In a barter system economy,rates of exchange are expressed in dollars per good.
E) In a barter system economy,rates of exchange are denominated in gold or silver.