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A major source of inefficiency in barter economies is that they require a standard of deferred payment to make trade possible. a double coincidence of
A major source of inefficiency in barter economies is that they require
a standard of deferred payment to make trade possible.
a double coincidence of wants in exchange.
more liquid stores of value than do monetary economies.
All of these are correct.
A major source of inefficiency in barter economies is that they require
a standard of deferred payment to make trade possible.
a double coincidence of wants in exchange.
more liquid stores of value than do monetary economies.
All of these are correct.
A major source of inefficiency in barter economies is that they require
a standard of deferred payment to make trade possible.
a double coincidence of wants in exchange.
more liquid stores of value than do monetary economies.
All of these are correct.
A major source of inefficiency in barter economies is that they require
a standard of deferred payment to make trade possible.
a double coincidence of wants in exchange.
more liquid stores of value than do monetary economies.
All of these are correct.
A major source of inefficiency in barter economies is that they require
a standard of deferred payment to make trade possible.
a double coincidence of wants in exchange.
more liquid stores of value than do monetary economies.
All of these are correct.
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