Using a Good as a Medium of Exchange Confers the Benefit

question 81

Multiple Choice

Using a good as a medium of exchange confers the benefit that

• A)the need to quote so many prices in trade is reduced.
• B)the need for a double coincidence of wants is greatly increased.
• C)the need for specialization is reduced.
• D)transactions costs are increased, but they now may be paid in money terms.

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