If an economy tried to use bananas as money, which function would bananas likely have the most difficult time fulfilling?
A) A medium of exchange
B) A unit of account
C) A store of value
D) A means of payment
Correct Answer:
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Q47: The risk of making a loan is
A)the
Q48: The opportunity cost of holding money balances
Q49: Money is
A)equivalent to barter.
B)a means of payment.
C)currency
Q50: If an economy has no money, then
Q51: Modern Australian commercial banks perform all of
Q53: Which of the following is a liability
Q54: Which of the following is NOT included
Q55: Which of the following is an asset
Q56: The quantity of real money demanded is
A)negatively
Q57: Suppose a bank has a desired reserve
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