When money is used simply to make transactions easier, it acts as a:

Question

Accepted Answer

A. Medium of exchange

1. Barter needs a double coincidence of wants.
2. Money removes that problem.
3. So it acts as a medium of exchange.
_Source: OpenStax Introduction to Business 2e, Chapter 15, Understanding Money and Financial Institutions._

Answer

Measure of exchange

Answer

Method of exchange

Answer

Manner of exchange

When money is used simply to make transactions easier, it acts as a:

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