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Money and Banking
?
Compared to barter system, a monetary system
increases transaction costs.
decreases the number of transactions.
requires that prices be negotiated for every transaction.
reduces transactions costs and facilitates exchanges.
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
Correct answer: (D)
reduces transactions costs and facilitates exchanges.
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?
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?
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?
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?
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