The "double coincidence of wants" problem is
A) resolved under a system of barter.
B) always present in all economic systems.
C) resolved by the use of money.
D) created by the use of money.
C
Economics
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By hedging a portfolio, a bank manager
A) reduces interest-rate risk. B) increases reinvestment risk. C) increases exchange-rate risk. D) increases the probability of gains.
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Nonfinancial businesses may acquire funds by borrowing from a commercial bank or by ________
A) purchasing short-term assets B) issuing securities C) issuing insurance policies D) trading on an exchange
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