The following are all functions of money EXCEPT
A) medium of exchange.
B) store of value.
C) unit of account.
D) source of anxiety.
Correct Answer:
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Q2: M1 does not include
A)MMMFs.
B)travelers' checks.
C)currency.
D)transaction accounts.
Q3: The number of units of one good
Q5: moneys primary role in the economy comes
Q7: In economics,money refers to
A)income.
B)wealth.
C)assets used and accepted
Q13: M2 does not include
A)Treasury bonds.
B)passbook savings accounts.
C)small-denomination
Q16: One of moneys primary roles in the
Q17: The use of money is more efficient
Q18: Suppose your bank raises its minimum-balance requirement
Q23: The uncertainty about the return an asset
Q26: Suppose you read in the paper that
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