Which of the following is not a problem of barter system of exchange?
Which of the following is not a problem of barter system of exchange?
(a) Store of value
(b) Double Coincidence of wants
(c) Unit of account
(d) Unemployment
Anurag Pathak Changed status to publish December 15, 2023
Ans – (d)
Explanation:-
There are four limitations of the barter system:
1. Lack of Double Coincidence of wants
2. Lack of common measure of value (unit of account)
3. lack of standard of Deferred Payment
4. Lack of Store of value
Anurag Pathak Changed status to publish December 15, 2023
