menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Macroeconomics Study Set 8
  4. Exam
    Exam 16: The Monetary System
  5. Question
    The Existence of Money
Solved

The Existence of Money

Question 7

Question 7

Multiple Choice

The existence of money


A) reduces specialization.
B) makes trade easier.
C) allows for barter.
D) hinders production.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q2: Which of the following is an example

Q3: When we say that trade is roundabout

Q5: Consider five individuals with different <br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg"

Q6: David and Asher buy the same pair

Q8: Consider the following traders who meet.<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg"

Q9: Consider four survivors on an island.<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg"

Q10: Money<br>A)is more efficient than barter.<br>B)makes trades easier.<br>C)allows

Q11: As opposed to a payments system based

Q12: Consider five individuals with different occupations.<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg"

Q59: The existence of money leads to<br>A)greater specialization

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines