passwella.
Menu

WAEC Economics 1997 Question 11

Question 11

Money and Inflation

Which of following is not a problem in the barter economy?

  1. A.multiple exchange rate
  2. B.indivisibility of goods and services
  3. C.double coincidence of wants
  4. D.bulkiness of commodities
  5. E.inflation
Show the answer and explanation

Answer: E (inflation)

Explanation

Inflation is a rise in the general level of money prices, so it is not a problem of barter; the others are.