The Most Direct Way in Which Money Eliminates the Need

question 557

Multiple Choice

The most direct way in which money eliminates the need for a double coincidence of wants is through its use as a

• A) medium of exchange.
• B) standard of deferred payment.
• C) store of value.
• D) unit of account.

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Definitions:

Information Technology

The use of computers, storage, networking, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.