The Evolution of Money
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Questions and Answers

Money is a ______ means of exchange history

useful

The barter system is ______

inefficient

A universally accepted means of exchange is ______

useful as a store of value

Money is also saved as a precaution to get through a bad patch or for when one reaches ______

<p>old age</p> Signup and view all the answers

A unit of account is represented by a particular ______ value

<p>asset</p> Signup and view all the answers

Money is a ______ means of exchange history

<p>useful</p> Signup and view all the answers

A universally accepted means of exchange is ______

<p>money</p> Signup and view all the answers

The barter system is ______

<p>inefficient</p> Signup and view all the answers

A unit of account is represented by a particular ______ value

<p>asset</p> Signup and view all the answers

Money is also saved as a precaution to get through a bad patch or for when one reaches ______

<p>old age</p> Signup and view all the answers

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