Money facilitates trade and specialization by
A)increasing the value of gold.
B)eliminating the need for barter.
C)reducing the shift of resources between uses.
D)providing employment for coin makers.
E)increasing investment.

Question

Quizplus · Accepted Answer

Money eliminates the need for barter, which can be difficult when finding someone with the exact good you need who also needs what you have to trade. Money makes it easier to trade because a universal, accepted medium of exchange is used.

Money Facilitates Trade and Specialization by