One of moneys primary roles in the economy comes from the use of money to transfer purchasing power to the future.This role of money is called
A) store of value.
B) unit of account.
C) medium of exchange.
D) standard of deferred payment.
Correct Answer:
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Q11: In some countries,prices in stores are listed
Q12: Which of the following measures is the
Q13: M2 does not include
A)Treasury bonds.
B)passbook savings accounts.
C)small-denomination
Q14: Which of the following is not part
Q15: M2 includes
A)large-denomination time deposits.
B)institutional MMMFs.
C)commercial paper.
D)M1.
Q17: The use of money is more efficient
Q18: Suppose your bank raises its minimum-balance requirement
Q19: Why do people keep currency in their
Q20: A disadvantage of the barter system is
Q21: Why is per-capita U.S.currency demand so large?
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