Money is useful in exchange when
A) credit transactions are difficult.
B) inflation is rising.
C) there is a single coincidence of wants.
D) interest rates are high.
E) there are several monetary aggregates.

Question

Quizplus · Accepted Answer

Money is useful in exchange when credit transactions are difficult because it serves as a medium of exchange, facilitating transactions without the need for credit.

Money Is Useful in Exchange When