Advertisements
Advertisements
Question
Which function of money helps avoid the problem of finding someone who wants exactly what you offer in exchange?
Options
Store of Value
Standard of Deferred Payment
Medium of Exchange
Basis of Credit
MCQ
Advertisements
Solution
Medium of Exchange
Explanation:
Medium of exchange allows easy buying and selling and removes the need for direct barter between buyers and sellers.
shaalaa.com
Is there an error in this question or solution?
