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3. The specialization of production made possible by the use of money to avoid barter is an illustration of th

3. Specialization production made possible by the use of money to avoid barter is an illustration of A. principle of scarcity. B. principle of comparative advantage. C. principle of increasing opportunity cost. D. benefits of diversification. E. cost-benefit principle. 4. When money is used to buy goods and services, serving as: A. financial intermediaries. B. double coincidence of wants. C. store of value. D. medium of exchange. E. unit account.

3. The specialization of production made possible by the use of money to avoid barter is an example: E. cost-benefit principle. 4. When money is used to purchase goods and services, serving as:. D. medium of exchange.

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