When Compared to Exchange Systems That Rely on Money,disadvantages of the Barter

question 66

Multiple Choice

When compared to exchange systems that rely on money,disadvantages of the barter system include

• A)the requirement of a double coincidence of wants.
• B)lowering the cost of exchanging goods over time.
• C)lowering the cost of exchange to those who would specialize.
• D)encouraging specialization and the division of labor.

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Definitions:

Activation-Synthesis Hypothesis

The Activation-Synthesis Hypothesis is a theory that dreams are created by the brain synthesizing and making sense of internal biological signals during REM sleep.

REM Sleep

A stage of sleep characterized by rapid eye movement, increased brain activity, vivid dreaming, and temporary paralysis of muscle systems apart from the eyes and respiratory muscles.

Dopaminergic Hypothesis

A theory suggesting that the imbalance of dopamine levels in the brain is a significant factor in the development of certain psychiatric disorders, especially schizophrenia.

Freudian Cathartic Hypothesis

A theory suggesting that releasing and confronting pent-up emotions through talking about one’s problems can lead to psychological healing.