WHEN COMPARED TO EXCHANGE SYSTEMS THAT RELY ON MONEY, DISADVANTAGE...
28) When compared to exchange systems that rely on money, disadvantages of the barter system
include:
(a) the requirement of a double coincidence of wants.
(b) lowering the cost of exchanging goods over time.
(c) lowering the cost of exchange to those who would specialize.
(d) all of the above.
Answer: A
Question Status: Previous Edition