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Title: A barter economy refers to a situation in which goods and services are traded for other goods and se Post by: Cuba on Jun 18, 2015 A barter economy refers to a situation in which goods and services are traded for other goods and services, with no money involved in transactions. The major shortcoming of a barter economy is
A) transactions cannot take place without money. B) the requirement of a double coincidence of wants. C) government has no way of collecting taxes. D) goods and services have no way of storing value. Title: Re: A barter economy refers to a situation in which goods and services are traded for other goods an Post by: IloveChi on Aug 26, 2015 Content hidden
Title: Re: A barter economy refers to a situation in which goods and services are traded for other goods and se Post by: Cuba on Aug 31, 2015 I have a major exam next week. Thank you for taking the time to answer. Problem solved.
Title: Re: A barter economy refers to a situation in which goods and services are traded for other goods and se Post by: IloveChi on Aug 31, 2015 Wasn't so hard, referencing the textbook helped.
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