Definition Term An interest-earning deposit with a specified maturity date Any good that is widely accepted for purposes of exchange and in the repayment of debt Coins and paper money Which of the following are true of a barter economy? Check all that apply. Average living standards can be expected to be higher in a barter economy than in a money economy. Exchange in a barter economy requires a double coincidence of wants. The transaction costs of exchanges are higher in a barter economy than in a money economy