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Business Economics MCQs

Barter a means of payment. when trading on e-bay, barter _.

is not as efficient as money because barter requires a double coincidence of wants

A bank's bank and a public authority that regulates a nation's depository institutions and conducts monetary policy;

Federal Reserve System

The purchase or sale of securities by the Federal Reserve System in the loanable funds market

None of these

Answer

Correct Answer: is not as efficient as money because barter requires a double coincidence of wants

Explanation:

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