When people use money by trading it for goods and services, money is serving the role of a

Question

Quizplus · Accepted Answer

Money is primarily used as a medium of exchange to facilitate transactions between buyers and sellers. It allows for the smooth exchange of goods and services without the need for bartering or exchanging goods directly. While money can also serve as a unit of account, store of value, and standard of deferred payment, its primary function is as a medium of exchange.

When People Use Money by Trading It for Goods and Services