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?

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03-09-2018
Business

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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?

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me120 me120 · Answer 1 · 2018-09-04T17:38:25+02:00

me120 me120

04-09-2018

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

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BenitoMarin BenitoMarin · Answer 2 · 2019-11-22T14:50:04+01:00

Answer:

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

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.