=+2. In prison, cigarettes are sometimes used among inmates as a form of payment. How is it

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=+2. In prison, cigarettes are sometimes used among inmates as a form of payment. How is it possible for cigarettes to solve the “double coincidence of wants” problem, even if a prisoner does not smoke?

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The Economics Of Money Banking And Financial Markets

ISBN: 9781292094182

11th Global Edition

Authors: Frederic S. Mishkin

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Question Posted: Oct 22, 2024 05:01 AM

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=+2. In prison, cigarettes are sometimes used among inmates as a form of payment. How is it possible for cigarettes to solve the double coincidence of wants problem, even if a prisoner does not smoke?
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=+2. In prison, cigarettes are sometimes used among inmates as a form of payment. How is it

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The Economics Of Money Banking And Financial Markets

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