In a remote village, a person used five beaver pelts to buy a bag of rice and two beaver pelts to buy a pair of shoes. For what purpose did this person use the money? A. increase trade B. store of value C. medium of exchange D. unit of account E. investment
1 answer:
Answer: C, medium of exchange
Explanation:
This is because both parties are trading something that they both need, like a baker and a butcher exchanging goods because they both have something the other wants.
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