The Major Advantage of Using Money Rather Than Barter Is

question 20

Multiple Choice

The major advantage of using money rather than barter is that

• A)in the barter system there is no way to express values of commodities.
• B)money is the only convenient way to store one's wealth.
• C)money has more value than real goods.
• D)money stays where you put it,whereas a cow often has to be fenced in.
• E)the use of money significantly reduces transactions costs.

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