Money is
A) the most liquid asset and a perfect store of value.
B) the most liquid asset but an imperfect store of value.
C) the least liquid asset but a perfect store of value.
D) the least liquid asset and an imperfect store of value.
Correct Answer:
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Q14: Which of the following functions of money
Q27: The "yardstick" people use to post prices
Q41: The set of items that serve as
Q43: Currently,U.S.currency is
A)fiat money with intrinsic value.
B)fiat money
Q45: Currency includes
A)paper bills and coins.
B)demand deposits.
C)credit cards.
D)Both
Q47: Paper money
A)has a high intrinsic value.
B)is the
Q52: If an economy used gold as money,its
Q74: M1 includes
A)currency.
B)demand deposits.
C)traveler's checks.
D)All of the above
Q98: Credit cards are
A)a medium of exchange.
B)counted as
Q104: An item that people can use to
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