The medium of exchange is defined as
A) barter.
B) the exchange of goods and services directly for goods and services.
C) an object that is accepted in return for goods and services.
D) credit cards.
E) an item that can be stored and hold its value over time.
Correct Answer:
Verified
Q2: Money is best defined as
A)anything that has
Q3: A common trait of money through history
Q4: Money is any commodity or token that
A)is
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
Q10: When you join the local organic food
Q11: Money must be _ which includes the
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