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Money and Its Functions · Question 2 of 57

Question 2

EasyOriginal question

The main difficulty of barter is

Options for question 2

Show the answer and explanation
CorrectNot quiteAnswer D

Correct answer: D

Explanation

  1. A trade happens only if each side wants what the other has, at the same time.

  2. A weaver who wants rice must find a rice farmer who wants cloth.

Concept
Double coincidence of wants
Typical time
40 s
Your time
—
The rule this testsBarter and its problems
Practise this chapter →

Ten questions from Money and Its Functions, at your own pace.

Practise this chapter →

Ten questions from Money and Its Functions, at your own pace.