When money is used as a means to hold wealth, it serves as a:
A) double coincidence of wants.
B) store of value.
C) medium of exchange.
D) unit of account.
Correct Answer:
Verified
Q1: The M1 measure of money consists of
Q2: The direct trade of goods and services
Q3: If you post your car on eBay
Q4: Money is:
A)the same as income.
B)all financial assets.
C)any
Q6: When money is the basic measure of
Q7: Double coincidence of wants is avoided if
Q8: If you use $1,000 to purchase silver
Q9: When money is used to purchase goods
Q10: When a baker exchanges a pie for
Q11: Barter is:
A)the direct trade of goods and
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