The "double coincidence of wants" problem is
A) always present in all economic systems.
B) created by the use of money.
C) resolved by the use of money.
D) resolved under a system of barter.
Correct Answer:
Verified
Q15: The unit of account
A)is an accounting of
Q16: Liquidity is the same as
A)diversification of an
Q17: According to the quantity theory of money,
Q18: In the short run, when the Reserve
Q19: When the nominal interest rate rises, the
Q21: When the quantity of money demanded is
Q22: When the nominal interest rate rises, the
A)quantity
Q23: Which of the following affects the amount
Q24: The equation of exchange becomes the same
Q25: The Australian historical evidence
A)shows that a higher
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