The High Transaction Costs Associated with a Barter System Refers

question 87

Multiple Choice

The high transaction costs associated with a barter system refers to the:

• A) fact that, often times, these exchanges are taxed by governments.
• B) risk associated with having to carry an inventory of goods to trade.
• C) high cost associated with finding someone with whom to exchange.
• D) cost of drawing up complete contracts.

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Definitions:

Insomnia

A sleep disorder characterized by difficulty falling or staying asleep.

Insomnia

A sleep disorder characterized by difficulty falling asleep, staying asleep, or obtaining restorative sleep, leading to impairment during the daytime.

Adequate Sleep

The amount of sleep required for optimal physical and mental functioning.

Nightmares

Vivid and disturbing dreams that cause emotional distress, typically occurring during REM sleep.