Read the following two statements carefully and choose the correct option: Assertion (A): In barter exchange, double coincidence of wants enhances transactional efficiency. Reason (R): Double coincidence of wants is done away with by money.
A is false, but R is true
Assertion (A): In barter, a trade takes place only when each person wants exactly what the other has to offer (double coincidence of wants). Finding such a match is difficult, so it reduces, rather than enhances, the efficiency of exchange. A is false.
Reason (R): Money acts as a medium of exchange that everyone accepts, so a person can sell to one person and buy from another; the need for a double coincidence of wants is removed. R is true.
Hence, the answer is: A is false, but R is true.
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