By making exchange ________, money allows for ________ and higher ________.
A)harder; specialisation; costs
B)easier; specialisation; productivity
C)harder; generalisation; productivity
D)easier; specialisation; costs

Question

Quizplus · Accepted Answer

Money makes the exchange easier, as it serves as a medium of exchange. This, in turn, encourages specialisation in the economy, as people can focus on producing goods and services that they are more efficient at producing, and exchange them for other goods and services they need. Specialisation leads to increased productivity, as people can produce more output with the same amount of resources. Therefore, the correct option is B.

By Making Exchange ________, Money Allows for ________ and Higher

By Making Exchange , Money Allows for and Higher