Money is beneficial because

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It is a medium of exchange.

Has people’s trust

Difficulties in the barter system are overcome

All the above

answer is D.

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Detailed Solution

Money is beneficial because it is a medium of exchange, has people's trust, and difficulties in the barter system are overcome. Money has various benefits. It is widely used as a medium of exchange, so it can be used to settle payments and transactions. Money has people's trust because it is the country's official currency. It is legally authorized and approved by the government of the country. It also removes the hindrances of the barter system. No individual has to worry about the double coincidence of wants; it is a standard method of payment accepted worldwide. Therefore, there are several benefits to money. It can be used to buy various goods and services, and no one can refuse to accept it as a medium of exchange.

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