Consider five individuals with different occupations. 
In a barter system which of the following pairs has a double coincidence of wants?
A) Allen and Eric
B) Diedre and Calvin
C) Both A and B are correct.
D) None of the above are correct.
Correct Answer:
Verified
Q4: Consider five individuals with different occupations.
Q5: The existence of money
A)reduces specialization.
B)makes trade easier.
C)allows
Q7: Consider five high school students working on
Q7: As opposed to a payments system based
Q11: Economists use the word "money" to refer
Q13: When we say that trade is roundabout
Q14: A double coincidence of wants
A)is required when
Q17: Money
A)is more efficient than barter.
B)makes trades easier.
C)allows
Q18: Economists equate money with
A)individual wealth.
B)income regularly earned.
C)assets
Q135: The existence of money leads to
A)greater specialization
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