the three major functions of money in society include all except:
A) Store of value
B) Investment opportunity
C) Unit of account
D) Medium of exchange
Correct Answer:
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Q25: A recession is:
A) A period when the
Q26: A boom is:
A) A period when the
Q27: A depression is:
A) A period when the
Q28: Goals of macroeconomic policy include all except:
A)
Q29: Money is:
A) Paper, if backed by precious
Q31: Purchasing power remains stable udner:
A) Constant value
Q32: Prices of goods and services adjusted for
Q33: Prices observed at any point in time,
Q34: Monetary policy:
A) Changes the rate of growth
Q35: Fiscal policy:
A) Changes the rate of growth
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