What are the principal weaknesses of a barter system? How does money eliminate the problems associated with a barter system?

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Darryn D'SouzaLv10

28 Sep 2019

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What are the inherent disadvantages of a barter system?

scarlethound300

Money contributes to economic activity and allows for a more complex society than barter does because: NOT (A)

a)money is managed by a central bank and can be increased or decreased to influence economic activity. b)there are many international currencies and this requires a complex system of exchange rates. c)barter is inefficient. Each time you want to make a trade you have to find a partner who has something you want and wants what you have to offer. d)barter requires a central manager to determine who has what you want and who wants what you have.