If whole tomatoes were money,which of the following functions of money would be the hardest for tomatoes to satisfy?
A) unit of account
B) store of value
C) certificate of gold
D) medium of exchange
Correct Answer:
Verified
Q1: Which of the following statements regarding the
Q2: Economies where goods and services are traded
Q3: According to the U.S.Treasury
A)the government will not
Q5: Commodity money
A)has value independent of its use
Q6: The major shortcoming of a barter economy
Q7: The statement,"My iPhone is worth $700" represents
Q8: Silver is an example of a
A)commodity money.
B)barter
Q9: People hold money as opposed to financial
Q10: In an economy with _,there are more
Q11: India's decision in late 2016 to withdraw
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents