Question

What advantages does money have over bartered goods? Check all that apply.

Money is easy to earn, and bartering takes a lot of work.
Money has a set value, and bartered goods do not.
Money is more portable than bartered goods.
Money is always worth more than bartered goods.
Money allows people to easily store value they earn.

Answer 1

Correct answers:
- Money has a set value, and bartered goods do not.
- Money is more portable than bartered goods.
- Money allows people to easily store value they earn.

Brief notes:
- Money provides a common unit of account (standardized value), portability, and acts as a store of value.
- "Money is easy to earn" and "money is always worth more" are not generally true.