_____ helps avoid the problems posed by the lack of double coincidence of wants.
A)Barter
B)Trade
C)Money
D)Freedom of choice

Question

Quizplus · Accepted Answer

Money is the widely accepted medium of exchange which facilitates trade by solving the problem of double coincidence of wants. When goods are exchanged for money, a person can use that money to buy other goods and services at a later time, without depending on finding someone who is willing to trade goods they happen to want for the same value.

_____ Helps Avoid the Problems Posed by the Lack of Double