Compare two economies: a barter economy versus an economy that uses money. In order to exchange goods and services:
A. the money economy requires that sellers have more information about buyers' wants.
B. transactions are likely to be smoother in the barter economy because goods and services are exchanged directly.
C. a double coincidence of wants is necessary in the barter economy.
D. a double coincidence of wants is more likely to occur in the barter economy.
Answer: C
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