Solved

Which One of the Following Is FALSE

Question 2

Multiple Choice

Which one of the following is FALSE?


A) Money facilitates exchange by reducing transaction costs.
B) By serving as a unit of accounting, money allows consumers to compare the relative values of different goods.
C) The use of money as a medium of exchange means that the distribution of money in an economy mirrors the distribution of wealth.
D) The use of money as a medium of exchange permits more specialization in an economy.

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents