Money frees society from a system of barter.In doing so,money is performing which of the following functions?
A) Store of value
B) Measure of worth
C) Unit of account
D) Determination factor
E) Medium of exchange

Question

Quizplus · Accepted Answer

Money as a medium of exchange means it is used to facilitate transactions by providing a standard means of payment. In this case, money is replacing the need for bartering goods or services directly.

Money Frees Society from a System of Barter