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
Q12: Which of the following statements about markets
Q96: Which of the following statements about self-interest
Q103: In the circular flow model of the
Q106: Which of the following is not a
Q107: An economic system in which money is
Q109: The market system communicates changes in market
Q110: A characteristic of the market system is:<br>A)
Q111: The following table illustrates alternative production techniques
Q112: The major virtues of the market system
Q113: The term dollar votes in a market