Question: What problem does barter entail? Indicate the economic significance of money as a medium of exchange. What is meant by the statement We want money

What problem does barter entail? Indicate the economic significance of money as a medium of exchange. What is meant by the statement “We want money only to part with it”?

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Barter requires the double coincidence of wants If someone wants something heshe will have to find s... View full answer

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