Question

Money makes trading-_____ by replacing bartering with transactions that involve paper money, coins, or checks.

Answer 1

Money makes trading easier  by replacing bartering with transactions that involve paper money, coins, or checks.

Answer 2

Answer: The answer is easier.

Money makes trading easier by replacing bartering with transactions that involve paper money, coins, or checks.

Explanation: Money refers to a medium of exchange that is generally acceptable for payment of goods and services in the society. With the use of money, people can buy and sell from one another. It serves as a unit of account in the sense that it provides a common base for prices. It is also a store of value which allow people to save and use it later in the future.

Bartering involves trading with goods and services for another goods and services without exchanging money or without the use of money.