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Which of the Point(s) Below Is (Are) True of Money

Question 3

Multiple Choice

Which of the point(s) below is (are) true of money?
i. Money eliminated the need for barter.
ii. Money allowed for specialization of labour and expansion of trade.
iii. Money allowed for the development of a market economy.
iv. Money allowed one to save current production for future use.


A) Only i) .
B) Only i) and ii) .
C) Only i) and iv) .
D) Only i) , ii) , and iv) .
E) All of the points are true.

Correct Answer:

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