Economy, asked by nisha158kamboj, 4 months ago

double coincidence of wants is an essential requirement of exchange.( true / false)​

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Answered by leya031162
1

Double coincidence of wants is an essential requirement of exchange. Ans: False , Though it is an essential requirement for the barter economy, in a money economy, exchange can take place without double coincidence of wants. However, employees want compensation in the form of money.

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