asked 48.2k views
3 votes
What is the purpose of money? (1 point) it makes trading goods and services more efficient. it gives the government a way to track our habits. it gives society a national symbol of pride. it keeps our nation from experiencing a depression. open study?

2 Answers

6 votes

it makes trading goods and services more effective i just took the test and got it right

answered
User Lisha
by
8.3k points
3 votes

Answer:

The correct answer is letter "A": it makes trading goods and services more efficient.

Step-by-step explanation:

Money is the unit of exchange used and recognized for transactions within a certain economy. Before money bartering was the means of exchange for trading purposes. Though, it was hard to determine the value of the items that were going to be traded. Money gives prices a standard according to the value the object represents in the market making trading of those goods or services being more efficient.

answered
User Little Roys
by
8.4k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories