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