Which of the Following Is NOT a Significant Cost That

question 87

Multiple Choice

Which of the following is NOT a significant cost that a barter system imposes on an economy?

• A)Many prices must be maintained for each good.
• B)Only agricultural goods may be traded.
• C)Specialization of labor is hindered.
• D)The costs arising from the problem of finding two people who each want what the other produces.

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Definitions:

Cross-Examination

The questioning of a witness in a court of law by the party opposing the one who produced the witness.

Administrative Agencies

Government bodies responsible for executing laws, issuing regulations, and overseeing compliance within a specific area or sector.

Executive Branch

The branch of government responsible for enforcing laws and managing the affairs of a state or nation, typically headed by a president or prime minister.

Courts

Institutions established by the government to administer justice through the application of law in specific cases.