The most distinguishing economic feature of money is its
A) medium of exchange role.
B) store of value role.
C) unit of account role.
D) store of wealth role.
E) standard of deferred payment role.
Correct Answer:
Verified
Q3: The most narrowly defined monetary aggregate is
A)
Q5: The two most common types of money
Q6: Double coincidence of wants means
A) two economic
Q7: The double coincidence of wants problem is
Q9: Monetary aggregates are
A) the various roles of
Q10: Use of money to save up for
Q10: Money is useful in exchange when
A) credit
Q11: The monetary base includes
A) currency outside banks
Q13: In formulating its monetary policy, the Bank
Q40: Price tags attached to goods for purchase
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