In a barter system, we would expect to see
A)many different units of money.
B)money and goods exchanged for each other.
C)wide-spread financial institutions.
D)goods traded directly for other goods and services.

Question

Quizplus · Accepted Answer

In a barter system, goods are traded directly for other goods and services without the use of money. Therefore, the best choice is D. There would not be many different units of money (A), as there would be no money used in the system. Financial institutions (C) would also not be necessary, as there would be no need for banks or other financial intermediaries. While it is possible that some items may be exchanged for money in a barter system (B), the primary mode of exchange would be goods for goods or services.

In a Barter System, We Would Expect to See