THE PROBLEM OF THE DOUBLE COINCIDENCE OF WANTS CAN BE AVOIDED IF (...

21) - TEST BANK CHAPTER 3 WHAT IS MONEY? TÀI CHÍNH TIỀN TỆ
TEST BANK CHAPTER 3 WHAT IS MONEY? TÀI CHÍNH TIỀN TỆ

21) The problem of the double coincidence of wants can be avoided if

(a) trade is organized in a central market.

(b) money is used to facilitate exchanges.

(c) barter trades are encouraged.

(d) both (a) and (b) of the above.

Answer: B

Question Status: Previous Edition