The monetary system that requires double coincidence of want is known as?

a

the gold standard

b

barter

c

the commodity system

d

the gold exchange standard

e

the cheque system

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b

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Deepthinker581
4 years ago

In a barter economy, an exchange between two people requires a double coincidence of wants, which means that what one person wants to buy is exactly what the other person wants to sell

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