1) Which of the following statements about the double coincidence of needs is correct? Or are all statements wrong? Please select only 1 of the 5 options. 1) A lack of double coincidence of needs is a necessary and sufficient condition for money to circulate in order to implement the first allocation. 2)A lack of double coincidence of needs is a sufficient condition for money to circulate to implement the first allocation. 3) A lack of double coincidence of needs is a necessary condition for money to circulate in order to implement the first allocation. 4)A lack of double coincidence of needs is neither necessary nor sufficient for money to circulate to implement the first allocation. 5)All of the previous statements are incorrect