Under a system of barter
A)each individual trades output directly with another.
B)only agricultural goods may be traded.
C)goods may be traded for money, but money may not be traded for goods.
D)currency is accepted for purchases, but personal checks are not.

Question

Quizplus · Accepted Answer

Under a system of barter, individuals directly trade their output with one another without the use of any medium of exchange such as money or currency. Agricultural goods are not the only items that can be traded, any good or service can be traded for another good or service. Money or currency cannot be used in a barter system.

Under a System of Barter