Which of the Following Statements Best Describes a Barter System

question 60

Multiple Choice

Which of the following statements best describes a barter system of exchange?

• A)It does not involve the double coincidence of wants.
• B)It involves the trading of goods directly for other goods.
• C)It developed late in history.
• D)It is the most efficient form of exchange.
• E)It requires the use of money.

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Definitions:

Dark Adaptation

The process by which the eyes increase their sensitivity to low levels of light, enabling vision in dim conditions.

Sensory Threshold

The minimum level of intensity at which a stimulus can be detected by the senses.

Rods

Photoreceptor cells in the retina of the eye that are responsible for vision at low light levels.

Absolute Sensory Threshold

The minimum stimulus intensity required for detection by a sensory system.