Money makes it easier to borrow and repay loans.What is this function of money referred to as?
A) a standard of value
B) a means of deferred payment
C) a unit of account
D) a store of value
Correct Answer:
Verified
Q9: Which of the following transactions is an
Q10: Why is using money as a store
Q11: If individuals will no longer take a
Q12: What is the principle role of money?
A)to
Q13: When is currency a poor store of
Q15: Why does gold work better than bananas
Q16: What is the primary benefit of monetary
Q17: Which of the following would result without
Q18: Which of the following is NOT a
Q19: Why is the barter system less desirable
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents