1. What do you mean by Barter Exchange? Can it work when there is ‘Double Coincidence of Wants’ give reason?
2. List the features of Barter Exchange?
3. Define the term ‘money’? List its components.
4. What is meant by money supply? Discuss in brief the various constituents of money supply.
5. Explain “difficulty in storing wealth” problems faced in the barter system of exchange.