The most direct way in which money replaces barter is through its use as a
A) store of value.
B) medium of exchange.
C) recording device.
D) unit of account.
Correct Answer:
Verified
Q10: The most direct way in which money
Q11: The "double coincidence of wants" problem is
A)
Q12: Which of the following does NOT describe
Q13: Which of the following is a primary
Q14: Which function of money refers to the
Q16: The functions of money are
A) interest rates,
Q17: Which of the following does NOT describe
Q18: Money serves as
A) a unit of account.
B)
Q19: If an economy has no money, then
Q20: Barter is
A) printing too much money.
B) the
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