The most direct way in which money eliminates the need for a double coincidence of wants is through its use as a
A) store of value.
B) standard of deferred payment.
C) medium of exchange.
D) unit of account.

Question

Quizplus · Accepted Answer

Money serves as a medium of exchange, meaning it can be used to buy goods and services without the need for a double coincidence of wants. This is because money is universally accepted as payment, making it easier to facilitate transactions between parties who may not have matching preferences for goods and services.

The Most Direct Way in Which Money Eliminates the Need