When you join the local organic food market and then buy produce each month,money is used as
A) only a store of value.
B) only a unit of account.
C) a medium of exchange and a store of value.
D) a medium of exchange and a unit of account.
E) a store of value and a unit of account.
Correct Answer:
Verified
Q5: A barter system of payment is
A)similar to
Q6: For a commodity or token to be
Q7: Money is any commodity or token that
Q8: The functions of money are
A)medium of exchange,unit
Q9: In performing which of its primary functions
Q11: Money must be _ which includes the
Q12: Money serves as a
A)means of payment,legal obligation,and
Q13: The "double coincidence of wants" is
A)what is
Q14: In order for any given commodity to
Q15: Which of the following is NOT among
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