In economic terms,how would you state what has happened when your neighbor says he is unwilling to help you mow your lawn because you are unwilling to help him teach his kids how to speak with a British accent?
A) A medium of exchange was unavailable.
B) Your neighbor's unwillingness to mow your lawn reflects a lack of ability to store value.
C) The double coincidence of wants was not satisfied.
D) Money types were not identical.
E) Your unwillingness to provide British-accent tutoring services reflects that too much paper money is available.

Question

Quizplus · Accepted Answer

The situation described is an example of the double coincidence of wants not being satisfied, as both parties have different desires or needs that cannot be fulfilled through direct exchange of goods or services. The neighbor's desire for British accent tutoring services does not directly match with the need for lawn mowing assistance.

In Economic Terms,how Would You State What Has Happened When