Question

The problem of double coincidence of wants is solved with the introduction of _____.

• A. technology
• B. gold
• C. computer
• D. money

Answer 1

The correct option is D money

• In the olden times, people exchanged services and goods for other services and goods in return.
• The problem of double coincidence of wants arose due to the exchange of goods system.
• The problem was solved with the introduction of money..
• Money is used medium of exchange and for storage of value.