When the demand and supply of a good both shift in the same direction and amount:
a. Price will change in the same direction as the shifts in supply and demand.
b. Price will change in the opposite same direction as the shifts in supply and demand. change in price and an increase in quantity exchanged.
c. Quantity exchanged will change in the same direction as that of the shifts in supply and demand.
d. Quantity exchanged will change in the opposite direction from that of the shifts in supply and demand
Question 2
The problem of double coincidence of wants is associated with:
a. paper money.
b. insurance.
c. credit cards.
d. barter system.
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