Because money __________________,people are _________________ likely to specialize in their work in a money economy.
A) is a store of value; less
B) eliminates the double coincidence of wants; more
C) is a unit of account; more
D) eliminates the need for holdings of precious metals; more
Correct Answer:
Verified
Q48: M1 is comprised of currency held outside
Q49: The requirement of a "double coincidence of
Q50: Which of the following statements is true?
A)
Q51: According to the textbook,L.Frank Baum,the author of
Q52: A savings deposit is a type of
A)
Q54: The first bankers were
A) sheriffs.
B) goldsmiths.
C) clergy.
D)
Q55: Your neighbor has knowledge of economics and
Q56: According to the textbook,in the book version
Q57: A "money market deposit account" is a(n)
A)
Q58: M2 is comprised of
A) small-denomination time deposits
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