Money as a medium of exchange
I. facilitates the exchange of goods.
II. reduces or eliminates the need for barter.

Name: Money as a medium of exchange I. facilitates the exchange of goods. II. reduces or eliminates the need for barter.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Money as a medium of exchange facilitates the exchange of goods by providing a common measure of value, and it reduces or eliminates the need for barter by allowing transactions to occur without the direct exchange of goods and services.

Money as a Medium of Exchange