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Which is an advantage of using modern currency instead of a barter system?

risk of a loss in value or counterfeiting

difficulty in determining the value of goods

ability to store and use a form that is accepted everywhere

a limited amount of goods and services available

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In the United States, dollar bills, nickels, and dimes are

representative money.

commodity money.

various currencies.

different denominations.

Which could be a negative factor of a barter system?

Both individuals easily agree on the value of their goods.

One person may not want or need what the other person is offering.

Goods can be exchanged without the need for any physical currency.

The process requires money so the two people involved can easily come to an agreement.

People might choose to use a debit card rather than cash for purchases because

they do not want to carry around large amounts of cash.

their banking institutions charge high fees for cash withdrawals.

most items cost less when purchased with a debit card.

debit cards have a higher value than cash and can buy more.

The condition of a country’s depends on its people’s ability to exchange money for goods and services.

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