Barter Is an Inefficient Means of Exchange Because

question 58

Multiple Choice

Barter is an inefficient means of exchange because

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

Recognize the role of behaviorism in changing behavior through the systematic use of rewards.

Understand how to critically evaluate evolutionary hypotheses regarding gender differences in spatial abilities.

Recognize strategies employed by "test-wise" students.

Identify the characteristics of critical thinking skills as transcontextual.

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