Question

Under a barter system, increasing the number of products available results in a much faster increase in the number of prices. Why? Because barter creates a lot of inflation. Because prices all goods and services must be expressed in terms of each other. Because bartering is hard. Because we need a unit of account.

Answer 1

Answer: Because prices all goods and services must be expressed in terms of each other

Step-by-step explanation:

Barter system is an exchange system that was used in the olden days before people started using money. It is a system whereby goods and services were exchanged for other goods and services.

Under a barter system, increasing the number of products available results in a much faster increase in the number of prices because prices all goods and services must be expressed in terms of each other.