Barter can only take place if there is
A)money.
B)a double coincidence of wants.
C)a double coincidence of money.
D)no inflation.
E)low transaction costs.

Name: Barter can only take place if there is A)money. B)a double coincidence of wants. C)a double coincidence of money. D)no inflation. E)low transaction costs.
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Question

Quizplus · Accepted Answer

Barter requires a double coincidence of wants, which means that two parties must each possess something the other party wants. Money is not necessary for barter to occur.

Barter Can Only Take Place If There Is