Which of the Following Is an Advantage of Using Money

question 109

Multiple Choice

Which of the following is an advantage of using money as a medium of exchange?

• A) It simplifies purchases because all prices are specified in money values.
• B) There is no interest charged on using money for purchases.
• C) It is easy to mass produce money.
• D) It avoids having to rely on barter, the exchange of one good or service for another.

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Definitions:

Emotional States

The internal conditions that arise from feelings and emotions, influencing mood and behavior at a given time.

Equally Attractive

Describes options or choices that are perceived to have the same level of appeal or benefit, making the decision-making process more challenging.

Individualistic Cultures

Societies that emphasize personal achievement, independence, and self-reliance over group cohesion.

Interpersonal Relationships

The strong, deep, or close associations or acquaintances between two or more people that may range in duration from brief to enduring.