If an economy tried to use bananas as money, which function would bananas likely have the most difficult time fulfilling?
A) a store of value
B) a unit of account
C) a medium of exchange
D) a means of payment
Correct Answer:
Verified
Q49: In an economy, there is $200 million
Q50: Which of the following is NOT included
Q51: Which of the following is NOT included
Q52: M1 is a measure of
A) money and
Q53: M1 includes
A) currency, checking deposits and traveler's
Q55: Checking deposits at banks are
A) money.
B) not
Q56: Which of the following applies to money
Q57: Checking deposits are
A) not part of money.
B)
Q58: U.S. currency
A) is less efficient than barter.
B)
Q59: M1 includes all the following items EXCEPT
A)
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