MONEY AND INFLATION — Economics STD 12 Commerce — Question

1. Problem of Mutual Coincidence of Wants: Finding two people who want exactly what the other has to offer.
2. Difficulty in Storing Value: Perishable goods like milk or vegetables could not be stored for future use.
3. Problem of Measurement of Value: Difficult to determine how much of one good equals how much of another (e.g., how many sheep for one bag of wheat).