The barter method of exchange isn't more common in the U.S.economy because the
A) double coincidence of wants frequently occurs.
B) level of commodity money is too low.
C) level of commodity money is too high.
D) double coincidence of wants infrequently occurs.
E) amount of money in the economy is easy to measure.

Question

Quizplus · Accepted Answer

The barter method of exchange is not commonly used in the U.S. economy because the double coincidence of wants infrequently occurs. This means that it is often difficult for two parties to find each other and agree on a trade that satisfies both of their wants and needs. Money serves as a medium of exchange and eliminates the need for this double coincidence of wants, making transactions more efficient in a market economy.

The Barter Method of Exchange Isn't More Common in the U.S.economy