The Phrase "Double Coincidence of Wants" ________

question 80

Multiple Choice

The phrase "double coincidence of wants" ________.

• A)is useful to explain why barter is an efficient practice
• B)refers to two people who have similar tastes
• C)suggests a quite improbable circumstance
• D)clarifies the distinction between income and wealth
• E)none of the above

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Definitions:

Shortfall

A deficiency or gap where something falls short of expectations or required levels.

Workers

Individuals engaged in a physical or mental activity to achieve a purpose or result, often in exchange for payment.

Visible Minorities

Individuals from racial or ethnic groups that are not in the majority within a specific community or country, often marked by visible differences.

Labour Shortages

A situation in which there are insufficient qualified candidates available to fill the positions needed by employers in the labor market.