Question 7
MoneyA problem associated with barter is
- A.difficulty in collecting debt.
- B.inability to measure what is to be exchanged.
- C.inability to produce enough goods.
- D.poor road network delaying transportion of goods.
Show the answer and explanation
Answer: B (inability to measure what is to be exchanged.)
Explanation
Barter has no common measure of value, so it is hard to decide how much of one good equals another.