As the Number of Goods and Services Increases,barter Becomes

question 6

Multiple Choice

As the number of goods and services increases,barter becomes

• A)easier because the chance of there being a double coincidence of wants increases.
• B)harder because the chance of there being a double coincidence of wants increases.
• C)easier because the chance of there being a double coincidence of wants decreases.
• D)harder because the chance of there being a double coincidence of wants decreases.
• E)easier because people have more choice.

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Definitions:

Operating Activities

Business activities directly related to the production and delivery of goods and services, generating the majority of a company's revenue and cash flows.

Statement Of Cash Flows

A financial report that shows how changes in balance sheet and income affect cash and cash equivalents.

Financing Activities

Transactions and events where a company raises funds to support its operations and expansions, typically involving equity and debt.

Net Cash

The amount of cash available after accounting for cash inflows and outflows, providing a clear picture of an entity's liquidity.