The development of money as a medium of exchange makes trade easier because:
A) holding money increases people's income.
B) holding money increases people's wealth.
C) no other mediums of exchange are available.
D) money eliminates the "double coincidence of wants" problem.
Correct Answer:
Verified
Q94: Which of the following assets is the
Q95: Which of the following assets is easiest
Q96: Which of the following is a function
Q97: Which of the following is included in
Q98: In order to provide liquidity to the
Q100: If the total assets of the bank
Q101: Mike makes excellent cheesecake and Sue is
Q102: John transfers $1,000 from his checking account
Q103: A key result in accounting practices is
Q104: ![]()
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents