Author Question: Market exchange is typically an exchange of goods for money, as opposed to goods for goods, because ... (Read 125 times)

colton

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Market exchange is typically an exchange of goods for money, as opposed to goods for goods, because use of money solves the problem of
 
  A) the absence of a coincidence of wants.
  B) the absence of a double coincidence of wants.
  C) a coincidence of needs.
  D) tax evasion.

Question 2

The quantity theory of money ________.
 
  A) is the product of classical economists
  B) links total income to a country's supply of money
  C) is derived from the equation of exchange
  D) all of the above
  E) none of the above



SeanoH09

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Answer to Question 1

B

Answer to Question 2

D



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