When two producers are trading without money, each must want what the other produces.This requirement is referred to as
A) the barter condition.
B) double coincidence of wants.
C) comparative advantage.
D) specialization in production.
Correct Answer:
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Q1: The law states that a lender must
Q2: Outside money is
A)money created by the government
Q3: The set of mechanisms used for making
Q4: When you buy something one day and
Q5: When money is used as a value
Q7: When people use money by trading it
Q8: If money is a legal tender, it
Q9: Costs of trading are referred to as_
Q10: Higher the rate of inflation
A)slower will be
Q11: Which of the following is NOT a
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