The use of money ________ barter,and ________ economic specialization.
A)eliminates the need for,increases
B)eliminates the need for,decreases
C)enhances the efficiency of,increases
D)enhances the efficiency of,decreases

Question

Quizplus · Accepted Answer

The use of money eliminates the need for barter by providing a common medium of exchange, thus making trade more efficient. It also increases economic specialization by allowing individuals to focus on producing goods or services in which they have a comparative advantage, knowing they can trade for other goods and services they need.

The Use of Money ________ Barter,and ________ Economic Specialization

The Use of Money Barter,and Economic Specialization