Without an accepted medium of exchange
A) there would be no trade.
B) people would have to rely on gold or silver in order to exchange goods and services.
C) goods and services would be exchanged by barter.
D) prices are very difficult to determine.

Question

Quizplus · Accepted Answer

Without an accepted medium of exchange, people would have to rely on bartering to exchange goods and services. This would make transactions more difficult and time-consuming, as people would have to negotiate the exchange of different goods or services. It would also limit the variety of goods and services that could be exchanged, as people would primarily only trade what they had to offer rather than what they needed.

Without an Accepted Medium of Exchange