Final answer:
Money is a good gift due to its universal acceptability, flexibility in allowing recipients to choose what they value, and its ability to store value over time.
Step-by-step explanation:
Money is sometimes considered a good gift because it is extremely flexible and universally accepted. It allows the recipient to choose their own goods or services, which eliminates the guesswork and potential inefficiency associated with giving specific items that may not align with the recipient's needs or tastes. Moreover, money serves as a store of value, which can be saved and used accordingly without the risk of the gift becoming outdated or obsolete as in the case of some physical gifts.
In contrast to a barter system, where a double coincidence of wants is needed to make a trade, and items may not retain their value over time, money simplifies transactions. As noted by Ambrose Bierce, money is a 'blessing' when parted with because it allows the exchange for something of personal value to the individual. This universality and convenience make money a practical and appreciated gift.