When money is the basic measure of economic value, it serves as:
A) bank reserves.
B) a medium of exchange.
C) a unit of account.
D) a store of value.
Correct Answer:
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Q1: The M1 measure of money consists of
Q4: Money is:
A)the same as income.
B)all financial assets.
C)any
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Q8: Any asset used to make purchases is:
A)
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Q13: Money serves as a medium of exchange
Q17: The three functions of money are:
A)spending for
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