Barter Works Best When

question 78

Multiple Choice

Barter works best when:

• A)there is an absence of a double coincidence of wants.
• B)many different products are available in the economy.
• C)money is readily available to establish relative prices.
• D)each trader has what the other wants and wants what the other has.
• E)highly developed economies achieve extensive specialization of labor.

---

Definitions:

Full House

A term originating from poker that refers to a hand containing three cards of one rank and two cards of another rank; also a popular American sitcom that aired from 1987 to 1995.

Structural Functionalist

A perspective in sociology and anthropology that sees society as a complex system whose parts work together to promote solidarity and stability.

Conflict Perspective

A sociological approach that views social behavior as the outcome of conflicts between competing groups, focusing on issues of power and inequality.

Postmodern Family

A concept that acknowledges the diverse and changing nature of family structures, challenging traditional definitions and norms of family life.