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____________ is a completely inadequate mechanism ____________________ in a modern advanced economy. Question 21 options: Currency; for providing a medium of exchange Money; for providing a store of value
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16 votes
16 votes
____________ is a completely inadequate mechanism ____________________ in a modern advanced economy. Question 21 options: Currency; for providing a medium of exchange Money; for providing a store of value Barter; for trying to coordinate trades Money; to use as a unit of account

User ChuckO
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1 Answer

13 votes
13 votes

Answer:

Barter; for trying to coordinate trades

Step-by-step explanation:

The barter is the system where the goods or services are exchanged with another goods or services. Here no money involvement is there

Only goods or services are exchanged with the different good or services

So it is a complete non-adequate mechanism and it should be tried for coordinating the trades

Therefore the above option should be considered

User Diziaq
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