As opposed to a payments system based on barter,a payments system based on money
A)requires a double coincidence of wants.
B)leads to less specialization.
C)makes trades less costly.
D)None of the above is correct.

Question

Quizplus · Accepted Answer

A payments system based on money makes trades less costly because it eliminates the need for a double coincidence of wants, which can be difficult to achieve in barter systems. It also allows for greater specialization and efficiency in trade.

As Opposed to a Payments System Based on Barter,a Payments