When you are looking at a car's price to decide whether you can afford it, you are using money primarily as a:
A) unit of account.
B) store of value.
C) medium of exchange.
D) medium of exchange and a unit of account.
Correct Answer:
Verified
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
Q33: When you buy a ticket to the
Q35: When we keep part of our wealth
Q36: The medium-of-exchange function means that money is
Q37: When, in The Wealth of Nations, Adam
Q38: The functions of money are:
A) expander of
Q39: Money that the government has ordered to
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