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Barter Economy
An economic system where goods and services are exchanged directly for other goods and services without using money.
Double Coincidence
A situation in a barter system where two parties each hold an item the other wants, facilitating an exchange without the need for money.
Barter
The exchange of one good or service for another good or service; a trade.
M2
A measure of the money supply that includes all elements of M1 (cash and checking deposits) plus savings deposits, money market mutual funds, and other time deposits.
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