107k views
5 votes
What must two people who want to trade with each other have in a barter economy?

Question 15 options:

pesos


fiat money


federal notes


Mutual coincidence of wants

User RedSIght
by
8.3k points

2 Answers

0 votes

Answer:

Mutual coincidence of wants.

User Pierre Baret
by
8.5k points
1 vote

Answer:

Mutual coincidence of wants

Step-by-step explanation:

A barter economy is an economy in which people don't have money and because of that the services and the goods are exchanged at rates that are negotiated and it depends on the other person willing to receive the product you have. According to this, two people who want to trade with each other in a barter economy need to have mutual coincidence of wants.

User Renat Gatin
by
8.2k points