One Major Advantage of the Medium of Exchange Function of Money

question 174

Multiple Choice

One major advantage of the medium of exchange function of money is that it allows society to:

• A)transfer purchasing power from the present to the future.
• B)measure the relative worth of products.
• C)escape the complications of barter.
• D)use credit cards instead of currency.

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Definitions:

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Ideal Length

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Less Than Five Years

The phrase "less than five years" typically refers to a time period or experience duration that is shorter than five years.

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