The Fact That Using Money Avoids the Double Coincidence of Wants

question 112

Multiple Choice

The fact that using money avoids the double coincidence of wants necessary in a barter economy illustrates which function of money?

• A) medium of exchange
• B) unit of account
• C) store of value
• D) source of liquidity

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Definitions:

Homozygous Dominant

An individual having two identical alleles for a trait on both homologous chromosomes, with both alleles being dominant.

Pleiotropy

A genetic phenomenon where a single gene influences multiple phenotypic traits, which can be seemingly unrelated.

Affects

Refers to the experience of feeling or emotion, especially as it influences behavior and thoughts.

Traits

Characteristics or features of organisms passed from parents to offspring through genes.