If an economy had only two goods (both nondurable ), there would be no need for money

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“If an economy had only two goods (both nondurable), there would be no need for money because exchange would always be between those two goods.” What important function of money does this statement disregard?

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Economics A Contemporary Introduction

ISBN: 9781305505469

11th Edition

Authors: William A. McEachern

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Question Posted: Oct 08, 2023 02:43 AM

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If an economy had only two goods (both nondurable ), there would be no need for money

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The statement disregards the store of value function of money With ...View the full answer

Economics A Contemporary Introduction

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