Single Answer MCQ
Q-00045384

What is one advantage of using money over barter?

1

Requires less time for transactions

2

Eliminates the need for goods

3

Is always valuable

4

Creates more complexity

Answer and Solution

Answer

A. Requires less time for transactions

Solution:

Using money requires less time for transactions because it eliminates the complexities of finding someone willing to trade exactly what you want.

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