Question

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

Explanation:

• Risk of a loss in value or counterfeiting: This is a disadvantage of modern currency, not an advantage.
• Difficulty in determining the value of goods: This is a problem associated with the barter system, not an advantage of modern currency.
• Ability to store and use a form that is accepted everywhere: Modern currency is widely accepted and can be stored easily, which is a key advantage over the barter system (where goods might be perishable or not widely accepted).
• A limited amount of goods and services available: This is not an advantage of modern currency. In fact, modern currency facilitates trade and can lead to a wider variety of goods and services being available through increased economic activity.

Answer:

C. ability to store and use a form that is accepted everywhere