The ʺDouble Coincidence of Wantsʺ Problem Is

question 340

Multiple Choice

The ʺdouble coincidence of wantsʺ problem is

• A) resolved under a system of barter.
• B) created by the use of money.
• C) resolved by the use of money.
• D) always present in all economic systems.

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Definitions:

The Draft

The compulsory enlistment of individuals into the armed forces, often implemented during times of war or conflict.

Upper Class

The highest social class, typically comprising individuals or families with significant wealth, power, and influence in society.

Enlistees

Individuals who voluntarily sign up for military service, particularly during times of war.

Immediate Victory

A quick or swift accomplishment of a win or success in a competition, battle, or conflict, often achieved faster than expected.