What Is a Problem with Barter That Makes It So

question 47

Multiple Choice

What is a problem with barter that makes it so difficult to use?

• A) Barter omits the store of value role for money.
• B) Barter requires the use of only fiat money.
• C) Individuals have to produce something to trade with.
• D) Barter is very efficient but illegal because it avoids taxation.
• E) Barter requires a double coincidence of wants.

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Definitions:

Team Legitimacy

The general perception that a team's actions are desirable, proper, or appropriate within some socially constructed system of norms, values, beliefs, and definitions.

Organizational Learning

The process through which an organization accumulates, disseminates, and uses knowledge to improve its effectiveness and achieve its goals.

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Boundedness

The quality of being limited or restricted in some way.