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Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 5
Could each of the following items potentially serve as money? Consider each as (1) a medium of exchange, (2) a unit of account, and (3) a store of value.
A) Visa credit card.
B) Federal Reserve note.
C) Dog.
D) Beer mug.
A) Visa credit card.
B) Federal Reserve note.
C) Dog.
D) Beer mug.
Explanation
Verified
Verified
And they cannot also be taken as store o...
Economics for Today 9th Edition by Irvin Tucker
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