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valputin valputin
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Posts: 5754
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8 years ago
Because it is a unit of account, money
A) does not earn interest.
B) discourages specialization.
C) increases transaction costs.
D) reduces the number of prices that need to be calculated.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
Read 91 times
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Our course uses > The Economics of Money, Banking and Financial Markets
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Answer verified by a subject expert
MeelaMeela
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Posts: 5283
8 years ago
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valputin Author
wrote...
8 years ago
This is great!
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
8 years ago
@valputin,

Happy to help Slight Smile
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