In an economy that uses fiat money, there is no need for double coincidence of wants.

Name: In an economy that uses fiat money, there is no need for double coincidence of wants.
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Quizplus · Accepted Answer

In a fiat money economy, money has value by government decree and is widely accepted. Therefore, individuals do not need to have a direct exchange of goods and services, and there is no requirement for a double coincidence of wants.

In an Economy That Uses Fiat Money, There Is No