Which of the following is not a problem associated with barter?
a) tax rates are generally higher on barter than on monetary transactions
b) the quality of goods used in barter may differ across time and place
c) transporting goods for use in barter is inconvenient
d) goods used in barter may not be easily divisible
e) barter requires a double coincidence of wants
a) tax rates are generally higher on barter than on monetary transactions
You might also like to view...
When a nation imports a good, its ________ surplus increases and its ________ surplus increases
A) consumer; producer B) consumer; consumer C) producer; producer D) producer; total E) total; consumer
An advantage of the establishment survey over the household survey of the labor market is that the establishment survey
A) includes the number of self-employed persons. B) provides an estimate of the number of persons unemployed. C) is based on actual payrolls, rather than on unverified answers. D) includes persons employed at newly opened firms.