Barter is viewed by economists as a less efficient system of exchange. Which of the following is not a benefit of using money instead of bartering?(1 point)

Question

Responses

Money is more valuable as a consumer good than the goods traded in barter.
Money is more valuable as a consumer good than the goods traded in barter.

The price of nearly everything you purchase is listed in terms of dollars.
The price of nearly everything you purchase is listed in terms of dollars.

Money will retain more of its purchasing power over time than many bartered goods.
Money will retain more of its purchasing power over time than many bartered goods.

Money will be accepted by nearly everyone in exchange for goods and services.

Answer 1

The statement that is not a benefit of using money instead of bartering is:

"Money is more valuable as a consumer good than the goods traded in barter."

This statement is misleading because money itself is not necessarily more valuable as a consumer good; its value comes from its role as a medium of exchange and its acceptance, not from its inherent consumer value compared to other goods. The other options correctly describe benefits of using money over bartering.