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Economics · May / June 2017 · Paper 11 · Question 10

2281Workers

Individuals produced their own goods. They then decided to specialise. They formed a group and offered their skills to each other but without the use of money. What is not likely to be the result for the group?

  1. AIt will enjoy a rise in its material standard of living.
  2. BIt will have a wider choice of goods and services.
  3. CIt will need to use a system of barter.
  4. DIt will save time in obtaining goods and services.

As printed in the paper

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Correct answer: D. It will save time in obtaining goods and services.

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