Which of the following functions of money allows us to not rely on the barter system to get the goods and services we need?

Government-sponsored goods are those goods

A) that society views desirable through the political process. B) that companies give away as promotional prizes. C) that have lower than average negative externality. D) that only low-income individuals consume.

Official reserve assets include all of the following EXCEPT

A) foreign currencies. B) gold. C) special drawing rights. D) gifts to foreign countries.