Which of the following is not a function of money?
A) a standard of profitability.
B) a unit of account.
C) a medium of exchange.
D) a store of value.
Correct Answer:
Verified
Q23: The U.S. government benefits from inflation because:
A)
Q24: A government established agency that controls the
Q25: If the economy suffers from inflation and
Q26: The largest component of M1 is:
A) demand
Q27: The M1 money supply consists of:
A) currency,
Q29: Inflation refers to:
A) an increase in prices.
B)
Q30: Deflation refers to:
A) a decrease in prices.
B)
Q31: The consumer price index (CPI) is:
A) a
Q32: Inflation can be measured by using:
A) the
Q33: As a result of unanticipated inflation,
A) government
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