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:

Yolk

Nutritious material in many animal eggs.

Proteins

Large biomolecules consisting of one or more long chains of amino acid residues, vital for the structure, function, and regulation of the body's cells, tissues, and organs.

Lipids

A group of naturally occurring molecules that include fats, waxes, and certain vitamins, essential for energy storage and cell structure.

Oral Contraceptive Pill

A medication taken by mouth by women to prevent pregnancy, containing hormones that inhibit ovulation and other changes conducive to fertilization.