Which of these best describes why money is an effective medium of exchange?

A) money allows people to negotiate instead of paying a set price.

B) nearly everyone will accept money as a payment.

C) money has practical uses other than spending.

D) every person has access to about the same amount of money

Question

15 July, 16:16

+4

Answers (2)

Know the Answer?

Landyn Cantu · Answer 1

I think your answer is b

Jaylen Pearson · Answer 2

B) nearly everyone will accept money as payment.

Which of these best describes why money is an effective medium of exchange?A) money allows people to negotiate instead of paying a set price.B) nearly everyone will accept money as a payment.C) money has practical uses other than spending.D) every person has access to about the same amount of money