One major advantage of the medium of exchange function of money is that it allows society to:
A)transfer purchasing power from the present to the future.
B)measure the relative worth of products.
C)escape the complications of barter.
D)use credit cards instead of currency.

Question

Quizplus · Accepted Answer

Bartering requires finding someone who wants what you have and has what you want, which can be time-consuming and complicated. The use of a commonly accepted medium of exchange such as money simplifies transactions and makes trade more efficient.

One Major Advantage of the Medium of Exchange Function of Money