Kyle Wants to Trade Scuba Lessons for Surfing Lessons

question 179

Multiple Choice

Kyle wants to trade scuba lessons for surfing lessons. Ike wants to trade surfing lessons for scuba lessons. Kyle and Ike have

• A) a double incidence of demand.
• B) a double coincidence of wants.
• C) the basis for a double fiat exchange.
• D) the basis for a liquidity exchange.

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