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In an economy that uses commodity money, there is no need for double coincidence of wants.

violin13

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5 years ago

In an economy that uses commodity money, there is no need for double coincidence of wants.

Question 1.

Fiat monies, but not commodity monies, can be used as a store of value.

▸ true

▸ false

Question 2.

In an economy that uses commodity money, there is no need for double coincidence of wants.

▸ true

▸ false

Textbook

Principles of Economics

Edition: 12^th

Authors: Case, Fair, Oster

Read 64 times

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mnp2357

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5 years ago

More solutions for this book are available here

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violin13 Author

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5 years ago

Exactly what I needed for my project, TYSM

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