In Order for Barter to Occur,traders Must Have a

question 96

Multiple Choice

In order for barter to occur,traders must have a

• A)unit of account.
• B)coincidence of wants.
• C)medium of exchange.
• D)central banking facility.

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Definitions:

Motivation

The internal and external factors that stimulate people to take actions that lead to achieving a goal.

Directive Leadership

A leadership style that involves giving clear and specific commands and expecting obedience, focusing on task completion and adherence to rules.

External Circumstances

Conditions or events outside an individual's control that impact their life or decisions.

Autonomous Group Members

Individuals within a group who are self-directed and able to make decisions independently, contributing to group diversity and effectiveness.