Multiple Choice
Money facilitates trade because
A) it eliminates the need for specialization
B) it prevents people from taking advantage of each other
C) it serves as a medium of exchange
D) division of labor allows money to be produced at a lower cost
E) people do not benefit from barter unless money is used
Correct Answer:
Verified
Related Questions
Q84: Specialization often leads to gains in productivity
Q85: The division of labor facilitates productivity increases
Q86: Barter occurs when
A)two people share everything
B)one product
Q87: Which of the following is not a
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