Which of the following is not a role of money?
A) Unit of account
B) Store of value
C) Medium of exchange
D) Unit of standard
Correct Answer:
Verified
Q6: A price level of 120 means that
Q7: You decide you want to compare your
Q8: Purchasing power
A)reflects the number of goods and
Q9: Inflation is
A)the rise in all prices in
Q10: Using money earned today for future purchases
Q12: When you use money to compare value
Q13: In year 1 the Consumer Price Index
Q14: You receive a raise of 3% at
Q15: Fiat money is
A)money that has value because
Q16: You decide you want to compare your
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