Why is the barter method of exchange NOT more common in the U.S.economy?
A) The double coincidence of wants frequently occurs.
B) The level of commodity money is too low.
C) The level of commodity money is too high.
D) The double coincidence of wants infrequently occurs.
E) The amount of money in the economy is easy to measure.
Correct Answer:
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Q1: In economic terms,how would you state what
Q2: In which of the following situations does
Q4: When money is acting as a unit
Q5: What function of money is highlighted when
Q7: Which of the following is NOT a
Q8: Money does NOT function as a(n)
A) unit
Q9: For something to be considered money,it must
A)
Q10: Money eliminated the need for the double
Q18: When money is acting as a medium
Q29: When an economy experiences inflation,the value of
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