Under a barter system,
A)there is a single medium of exchange.
B)an efficient banking system is necessary.
C)money is exchanged for goods after reaching an agreed-upon price.
D)any good can be used as a medium of exchange.
E)the coincidence of wants is not a major problem.

Question

Quizplus · Accepted Answer

Under a barter system, any good can be used as a medium of exchange, as opposed to a monetary system where there is a single form of currency.

Under a Barter System