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which of these best describes why money is an effective medium of exchange?
A) money allows people to negotiate instead of paying a set price.
B) nearly everyone will accept money as a payment.
C) money has practical uses other than spending.
D) every person has access to about the same amount of money

Respuesta :

unicornninjas
B) nearly everyone will accept money as payment.

Money is an effective medium of exchange because nearly everyone will accept money as a payment.

Why money is an effective medium of exchange?

  • Money is an effective medium of exchange because nearly everyone will accept money as a payment.
  • Money can be used anywhere and anytime.
  • Money is used worldwide and also accepted by anyone.
  • Money is used as a medium of exchange because both the buyer and the seller understand the value.

Hence, option B nearly everyone will accept money as payment is the correct answer.

To learn more about money, refer to:

https://brainly.com/question/11694223

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