Question

What is the most likely form of exchange that is most used in the united states today?

Answer 1

Currently, the form of exchange that is most used in the United States today is the money or the dollar. A medium of exchange is an intermediary used in trade to avoid the inconveniences of a pure barter system. When money is used to intermediate the exchange of goods and services, it is performing a function as a medium of exchange. Unit of Account: It is a standard numerical unit of measurement of market value of goods, services, and other transactions.