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2. (20 points) What is the double coincidence of wants, and why is it a problem if there is no money? 3. (20 points)

 

2. (20 points) What is the double coincidence of wants, and why is it a problem if there is no money? 3. (20 points) What are two things that meet the criteria of the functions of money, but may not necessarily be what you would think of as money?

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2 Double Coincidence of Wants The double coincidence of wants refers to the situation where two parties in a barter exchange each possess goods or ser... blur-text-image

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