Consider four survivors on an island. Which of the following pairs of survivors has a double-coincidence of wants?
A) Rupert with Amber,and Rob with Tom
B) Amber with Tom
C) Rupert with Rob
D) None of the above are correct.
Correct Answer:
Verified
Q4: In an economy that relies upon barter,
A)trade
Q6: You use U.S.currency to pay the owner
Q9: Consider five high school students working on
Q11: Consider the following traders who meet.
Q11: Economists use the word "money" to refer
Q12: Which of the following is a function
Q14: A double coincidence of wants
A)is required when
Q15: Consider five individuals with different occupations.
Q16: Which of the following is an example
Q135: The existence of money leads to
A)greater specialization
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