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When money makes buying and selling easier than barter, it is acting as a:
AMethod of taxation
BMeasure of taxation
CManner of donation
DMedium of exchange
Answer & Solution
Correct answer: D. Medium of exchange
1. A common form of payment is used.
2. Trading goods for goods would be harder.
3. It is a medium of exchange.
_Source: OpenStax Introduction to Business, Chapter 15, Understanding Money and Financial Institutions._
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