Which of the following is the reason why money exchange is more efficient than barter?
A)Money isn't too heavy to carry.
B)Money is a more precise measure of value.
C)Money doesn't take up space allotted to goods.
D)Money has greater value than any goods.

Question

Quizplus · Accepted Answer

Money is a more precise measure of value than bartering goods because it can be divided into smaller units and has a standardized value accepted by all parties involved in the transaction. This makes it easier to determine the value of goods and services being exchanged and reduces the likelihood of disputes over the relative value of different items.

Which of the Following Is the Reason Why Money Exchange