Multiple Choice
A monetary system is preferable over the barter system because it
A) reduces transaction costs.
B) is easier to track by the government.
C) limits cash leakages.
D) is determined by the Congress.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q32: If the transactions approach to measuring money
Q33: Why is money as a medium of
Q34: For a small-denomination certificate of deposit to
Q35: Explain the forces that caused the savings
Q36: Checkable deposit account balances are<br>A) counted in
Q38: The liquidity approach to measuring the money
Q39: The function of money that allows individuals
Q40: Which one of the following would increase
Q41: Explain what happens to the money supply
Q42: The reserve ratio is 20 percent. The