When a person makes price comparisons among products, money is being used mainly as a(n) :
A) unit of account.
B) expander of economic activity.
C) medium of exchange.
D) checkable deposit.
Correct Answer:
Verified
Q22: Money that has value apart from its
Q23: Commodity-backed money is:
A) a medium of exchange
Q24: Money that some authority, generally a government,
Q25: When you or your parents pay the
Q26: Money used to buy groceries is a:
A)
Q28: When you discover money in your coat
Q29: Commodity money is:
A) whatever the government has
Q30: When people purchase downloaded music, they are
Q31: When countries replaced gold and silver coins
Q32: The store-of-value function of money is:
A) necessary
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