Money is a means of lowering the transaction costs of making exchanges. Do you agree or disagree?

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“Money is a means of lowering the transaction costs of making exchanges.” Do you agree or disagree? Explain your answer.

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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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Question Posted: Feb 12, 2016 07:24 AM

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Money is a means of lowering the transaction costs of making exchanges. Do you agree or disagree?

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Agree Without money we operate in a barter economy and that requires ...View the full answer

Economics

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