The Double Coincidence of Wants Problem Is Solved by

question 46

Multiple Choice

The double coincidence of wants problem is solved by

• A) credit markets.
• B) government intervention.
• C) the use of money.
• D) specialization.
• E) monetary aggregates.

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Definitions:

Cone Receptors

Photoreceptor cells in the retina of the eye that function best in relatively bright light and enable the perception of colors.

Auditory Nerve

The nerve structure that receives information about sound from the hair cells of the inner ear and carries these neural impulses to the brain’s auditory areas.

Cochlea

A spiral-shaped, fluid-filled inner ear structure crucial for converting sound waves into nerve signals.

Pain Receptors

Sensory neurons located throughout the body that respond to damaging stimuli by sending pain signals to the brain.