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The greater the number of different goods available in an economy a. the less li

ID: 1232845 • Letter: T

Question

The greater the number of different goods available in an economy
a. the less likely it is that a double coincidence of wants will exist, and the less likely it is that monetary exchange will develop
b. the less likely it is that a double coincidence of wants will exist, and the more likely it is that monetary exchange will develop
c. the more likely it is that a double coincidence of wants will exist, and the less likely it is that monetary exchange will develop
d. the more likely it is that a double coincidence of wants will exist, and the more likely it is that monetary exchange will develop
e. the more likely it is that individuals are producing only goods they want to consume

Explanation / Answer

The greater the number of different goods available in an economy
a. the less likely it is that a double coincidence of wants will exist, and the less likely it is that monetary exchange will develop

b. the less likely it is that a double coincidence of wants will exist, and the more likely it is that monetary exchange will develop

c. the more likely it is that a double coincidence of wants will exist, and the less likely it is that monetary exchange will develop

d. the more likely it is that a double coincidence of wants will exist, and the more likely it is that monetary exchange will develop
e. the more likely it is that individuals are producing only goods they want to consume