According to the definition provided by the U.S.Dallas Federal Reserve Bank,which of the following is one of the primary purposes of money?

Question

Quizplus · Accepted Answer

One of the primary purposes of money is to facilitate exchanges between individuals and businesses. Money is a medium of exchange that is widely accepted in a particular economy or society, and it allows people to buy and sell goods and services without the need for bartering or other forms of exchange. Money also serves other important functions, such as being a store of value and a unit of account, but facilitating exchanges is one of its most fundamental roles.

According to the Definition Provided by the U