For barter to occur there must be
A)hyperinflation.
B)a double coincidence of wants for each good to be exchanged.
C)one person who pays cash.
D)two people willing to pay with credit.

Question

Quizplus · Accepted Answer

Barter requires a double coincidence of wants, which means that each party involved in the exchange must have something that the other party wants and vice versa. Option B is the only choice that reflects this requirement. Hyperinflation (option A) may lead to barter in some cases, but it does not represent a necessary condition for it to occur. Options C and D are not relevant to the concept of barter.

For Barter to Occur There Must Be