Which of the following is a drawback of using barter compared to paying with money? Select the correct answer below: Barter is not able to act as a means of exchange. Barter is more difficult than money to use as a store of value. Barter requires an intermediary to act between a buyer and seller. Barter is illegal in the United States.
Which of the following is a drawback of using barter compared to paying with money? Select the correct answer below: Barter is not able to act as a means of exchange. Barter is more difficult than money to use as a store of value. Barter requires an intermediary to act between a buyer and seller. Barter is illegal in the United States.
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter14: Money And Banking
Section14.1: The Functions And Characteristics Of Money
Problem 5R
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