The most direct way in which money eliminates the need for a double coincidence of wants is through its use as a
A) medium of exchange.
B) standard of deferred payment.
C) store of value.
D) unit of account.
Correct Answer:
Verified
Q1: The direct exchange of goods and services
Q3: The "double coincidence of wants" problem is
A)
Q4: The most direct way in which money
Q6: The functions of money are
A) interest rates,
Q7: Barter occurs when you exchange
A) money for
Q8: Which of the following is NOT considered
Q9: Money's function as a medium of exchange
Q10: Aside from being a means of payment,
Q11: When money is accepted as payment in
Q11: Which of the following does NOT describe
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