Which among the following is an essential feature of barter system?
A. It acts as a measure and store of value
B. It is based on double coincidence of wants
C. A person holding money can easily exchange any commodity
D. All of these.
Answer:B
Which among the following is an essential feature of barter system?
A. It acts as a measure and store of value B. It is based on double coincidence of wants C. A person holding money can easily exchange any commodity D. All of these.