Barter Is an Inefficient Means of Exchange Because

question 65

Multiple Choice

Barter is an inefficient means of exchange because

• A) barter transactions require a double coincidence of wants.
• B) barter only occurs in relatively primitive economies.
• C) in a barter transaction only one party needs to want what the other party has to sell.
• D) demand will not necessarily equal supply.

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Definitions:

Respiratory Rate

The number of breaths taken per minute, a vital sign used to assess overall health and respiratory function.

Carbon Dioxide

A greenhouse gas that is a byproduct of cellular respiration and fossil fuel combustion, contributing to the greenhouse effect and global warming.

Respiratory Tree

Refers to the branching system of airways in the human body, including the trachea, bronchi, and bronchioles, through which air travels during respiration.

Bronchioles

The small airways in the lungs that lead from the bronchi to the alveoli, playing a crucial role in the process of gas exchange.