A Major Source of Inefficiency in Barter Economies Is That

question 168

Multiple Choice

A major source of inefficiency in barter economies is that they require

• A)a standard of deferred payment to make trade possible.
• B)a double coincidence of wants in exchange.
• C)more liquid stores of value than do monetary economies.
• D)sufficient supplies of money to finance all transactions.
• E)All of the above are correct.

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Definitions:

Cerebellar Glia

Non-neuronal cells in the cerebellum, part of the brain, that support and protect neurons, playing a critical role in brain function.

Formed An Attachment

The development of a close emotional bond between individuals, such as between a child and caregiver, influencing social and emotional development.

Parental Figure

An adult who assumes the role of a parent in a child's life, which can include biological parents, adoptive parents, and other caregivers.

Pleasure

A feeling of happiness or satisfaction derived from experiences that are enjoyable or fulfilling.