Assertion (A): Double coincidence of wants rules out use of cash in trade
Reason (R): In double coincidence of wants, trade is done based on barter system
ᴋᴏɪ ᴢɪɴᴅᴀ ʜᴀɪ ᴋʏᴀ...ᴀɴsᴡᴇʀ ᴅᴇᴅᴏ ɪsᴋᴀ..?
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ᴡᴇ ᴋɴᴏᴡ ᴛʜᴀᴛ ɪɴ ʙᴀʀᴛᴇʀ sʏsᴛᴇᴍ ᴛʜᴇʀᴇ ɪs ᴀ ᴄᴏɪɴᴄɪᴅᴇɴᴛ ᴛᴏ ɢᴇᴛ ᴀ ᴘᴇʀsᴏɴ ᴡʜᴏ ᴡᴀɴᴛ ᴀ ᴛʜɪɴɢ ɪɴ ᴇxᴄʜᴀɴɢᴇ ᴏғ ᴡʜᴀᴛ ᴡʜᴇʀᴇᴀs ᴛʜᴇ ᴍᴏᴅᴇʀɴ ғᴏʀᴍ ᴏғ ᴍᴏɴᴇʏ ɪs ʀᴇǫᴜɪʀᴇᴅ ʙʏ ᴀʟʟ ғᴏʀ ᴛʜᴇ sɪᴍᴘʟᴇ ᴇxᴄʜᴀɴɢᴇ ʙᴇᴛᴡᴇᴇɴ ᴛᴡᴏ ᴘᴇᴏᴘʟᴇs ᴅᴏɴᴇ ғᴏʀ ᴛʜᴇ ɢᴏᴏᴅs ᴀɴᴅ ᴍᴏɴᴇʏ ᴀs ᴍᴏɴᴇʏ ɪs ʀᴇǫᴜɪʀᴇᴅ ʙʏ ᴀʟʟ ғᴏʀ ɢᴇᴛᴛɪɴɢ ɢᴏᴏᴅs ᴡʜᴀᴛ ᴛʜᴇʏ ᴡᴀɴᴛ ɪɴ ᴇxᴄʜᴀɴɢᴇ ᴏғ ᴍᴏɴᴇʏ ,ᴍᴏɴᴇʏ ᴘʟᴀʏs ᴀɴ ɪᴍᴘᴏʀᴛᴀɴᴛ ʀᴏʟᴇ ᴛᴏ ʀᴇᴍᴏᴠᴇ ᴛʜᴀᴛ ᴅᴏᴜʙʟᴇ ᴄᴏɪɴᴄɪᴅᴇɴᴄᴇ ᴏғ ᴡᴀɴᴛ sᴜᴄʜ ᴀs ɪɴ ʙᴀʀᴛᴇʀ sʏsᴛᴇᴍ....
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thanks...
i hope it's helpful to u..
Answered by
2
Answer:
both assertion and reason are correct and reason is the correct explanation of assertion
hope it will help you
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