What Is the Biggest Disadvantage of a Barter System Compared

question 58

Multiple Choice

What is the biggest disadvantage of a barter system compared to a system that uses money?

• A)It is difficult to find goods to trade in a barter system that satisfy the needs of society.
• B)A standardized unit of account cannot exist in a barter system.
• C)All commodities are difficult to transport and therefore inefficient for exchange.
• D)Each trade requires a double coincidence of wants.
• E)Commodities are difficult to use as a store of value.

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Case Studies

Detailed examinations of a single subject or group, often used in psychology to explore complex issues or conditions.

Biological Instincts

Innate, typically fixed patterns of behavior in animals in response to certain stimuli.

Creative Solutions

Innovative and effective ways to solve problems or address challenges, often involving novel approaches or thinking outside conventional parameters.

Unconscious

The unconscious consists of processes in the mind that occur automatically and are not available to introspection, including desires, feelings, and motivations.