Which word refers to any system that uses an exchange medium-whether it's a precious metal or government-printed paper-that can be traded for other goods?

A.) price

B.) money

C.) barter

D.) value

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13 September, 22:12

Which word refers to any system that uses an exchange medium-whether it's a precious metal or government-printed paper-that can be traded for other goods?

A.) price

B.) money

C.) barter

D.) value

+4

Answers (2)

Know the Answer?

Nathaly Terry · Answer 1

The word that refers to any system that uses an exchange medium - whether it is a precious metal or government-printed paper and that can be traded for other good is money. The answer to your question is choice or letter B.

Julia Hess · Answer 2

Money because price is how much of the exchange medium you need, barter is trading something for something else without a exchange medium, value is how much something is worth

Which word refers to any system that uses an exchange medium-whether it's a precious metal or government-printed paper-that can be traded for other goods?A.) priceB.) moneyC.) barterD.) value

Which word refers to any system that uses an exchange medium-whether it's a precious metal or government-printed paper-that can be traded for other goods?

A.) price

B.) money

C.) barter

D.) value