Which of the following statements relates to the Medium of Exchange function of mon O Money solves the double coincidence of wants. O Money allows us to lista single monetary price for goods and services. O Money allows individuals and households to save income. O Money facilities lending and borrowing.

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter25: Money, Banking, And The Federal Reserve System
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Which of the following statements relates to the Medium of Exchange function of money?
Money solves the double coincidence of wants.
O Money allows us to lista single monetary price for goods and services.
O Money allows individuals and households to save income.
O Money facilities lending and borrowing.
Transcribed Image Text:Which of the following statements relates to the Medium of Exchange function of money? Money solves the double coincidence of wants. O Money allows us to lista single monetary price for goods and services. O Money allows individuals and households to save income. O Money facilities lending and borrowing.
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