A Problem with Barter Exchange When There Are Many Goods

question 74

Multiple Choice

A problem with barter exchange when there are many goods is that in a barter system

• A) transactions costs are minimized.
• B) there exists a multiple number of prices for each good.
• C) there is only one store of value.
• D) exchange of services is impossible.

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Definitions:

Transitional Stress

Stress experienced during or following a change in one’s life or environment, often associated with adapting to new circumstances or roles.

Layoff Stress

Layoff stress refers to the psychological strain and anxiety caused by job loss or the threat of losing one's job.

Type A Behaviour

A personality characteristic marked by a constant sense of urgency, competitiveness, and an excessive drive to achieve goals.

Feeling Guilty

describes the emotional state experienced when one believes they have acted against moral, ethical, or personal standards.