A car dealer sells you a car today in exchange for money in the future.This illustrates which function of money?
A) medium of exchange
B) unit of account
C) store of value
D) standard of deferred payment
Correct Answer:
Verified
Q29: Commodity money is a good
A)used as money
Q30: Paper currency is a
A)commodity money.
B)fiat money.
C)barter money.
D)bond.
Q31: By making exchange _,money allows for _
Q32: The statement "This Dell laptop costs $1,200"
Q33: A barter economy is an economy where
A)goods
Q35: Which of the following is the most
Q36: A major source of inefficiency in barter
Q37: Liquidity is defined as
A)the ease with which
Q38: Fiat money is generally issued by
A)private banks.
B)central
Q39: Which of the following is a function
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