Which of the following is a primary function of money?
A) to serve as a unit of account
B) to serve as an encouragement to work
C) to reduce the burden of excessive imports
D) to raise funds for the government
Correct Answer:
Verified
Q8: Which of the following is NOT considered
Q9: Money's function as a medium of exchange
Q10: Aside from being a means of payment,
Q11: Which of the following does NOT describe
Q12: If an economy has no money, then
Q14: Money
A) is always composed of coins and
Q15: When you buy a hamburger for lunch,
Q16: Barter is
A) another type of money.
B) printing
Q17: Which of the following does NOT describe
Q18: A medium of exchange is
A) an object
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