An advantage of using money instead of barter is that money is more
A) easily divided into small units.
B) easily carried around.
C) stable.
D) easily accepted.
E) all of the above.
Correct Answer:
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Q1: Money is a medium of exchange.
Q2: Certificates of deposit are accounts with funds
Q5: In some countries with very high inflation
Q7: Using commodities such as corn,livestock,or artisanal goods
Q8: Fiat money is backed by gold.
Q9: The three important functions of money are
Q11: As a medium of exchange,money
A) eliminates the
Q11: When used to accumulate wealth,money functions as
Q13: Discuss the most important characteristic of money.
Q472: What are the three functions of money?
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