A unit of account refers to which of the following?
A) an standardized accounting unit that provides a measure of value
B) monetary aggregates
C) large time deposits
D) money market deposit accounts
Correct Answer:
Verified
Q32: The best definition of a medium of
Q33: The barter system is considered to be
Q34: Compared to a monetary system of exchange,
Q35: Barter systems tend to be found most
Q36: In an economy, money promotes
A)limited exchanges of
Q38: It is possible with a unit of
Q39: The development of money facilitates all of
Q40: M2 contains which of the following?
A)travelers' checks
B)government
Q41: Domestic nonfinancial debt is a measure of
Q42: M1 includes all of the following except
A)currency.
B)checkable
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