Which of the following is an advantage of using money as a medium of exchange?
A) It simplifies purchases because all prices are specified in money values.
B) There is no interest charged on using money for purchases.
C) It is easy to mass produce money.
D) It avoids having to rely on barter, the exchange of one good or service for another.
Ans: D) It avoids having to rely on barter, the exchange of one good or service for another
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