The more specialized labor is,
A) the less likely it is that a double coincidence of wants will exist,and the less likely it is that monetary exchange will develop
B) the less likely it is that a double coincidence of wants will exist,and the more likely it is that monetary exchange will develop
C) the more likely it is that a double coincidence of wants will exist,and the less likely it is that monetary exchange will develop
D) the more likely it is that a double coincidence of wants will exist,and the more likely it is that monetary exchange will develop
E) the more likely it is that individuals are producing only what they want to consume
Correct Answer:
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Q1: In a barter system,
A)an individual offers one
Q4: The greater the number of different goods
Q5: Barter works best
A)in the absence of a
Q6: Which of following is not an important
Q7: Which of the following is not a
Q8: Specialization of labor means that
A)production requires a
Q10: In a barter system,
A)trade will only occur
Q11: The greater the degree of specialization in
Q18: Barter is the direct exchange of goods
Q110: Barter is the exchange of goods and
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