When money is acting as a medium of exchange, the function it performs is to O a) allow you to measure the value of goods precisely. b) make budgeting and comparison shopping easier. Oc) make purchases easier for the government to track. Od) allow you to make exchanges more easily. O e) promote efficiency by discouraging needless exchanges.
When money is acting as a medium of exchange, the function it performs is to O a) allow you to measure the value of goods precisely. b) make budgeting and comparison shopping easier. Oc) make purchases easier for the government to track. Od) allow you to make exchanges more easily. O e) promote efficiency by discouraging needless exchanges.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:When money is acting as a medium of exchange, the function it performs is to
a) allow you to measure the value of goods precisely.
O b) make budgeting and comparison shopping easier.
Oc) make purchases easier for the government to track.
d) allow you to make exchanges more easily.
O e) promote efficiency by discouraging needless exchanges.
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