Compared to barter,money __________ transaction costs,making transactions __________ time-consuming.

Question

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Money reduces transaction costs, making transactions less time-consuming. Barter requires the parties involved to find someone who has what they want and wants what they have, which can take more time and effort. With money, individuals can exchange goods and services for money, which can then be used to purchase other goods and services, reducing transaction costs and making transactions faster and easier.

Compared to Barter,money __________ Transaction Costs,making Transactions __________ Time-Consuming

Compared to Barter,money Transaction Costs,making Transactions Time-Consuming