When used to accumulate wealth,money functions as a
A) yardstick of value.
B) store of value.
C) measure of value.
D) medium of exchange.
E) transaction.
Correct Answer:
Verified
Q1: Money is a medium of exchange.
Q6: An advantage of using money instead of
Q8: Fiat money is backed by gold.
Q9: The three important functions of money are
Q10: When currency is stable,it provides no incentive
Q12: Money has all the following characteristics except
A)portability.
B)durability.
C)difficult
Q13: Discuss the most important characteristic of money.
Q14: When a dollar bill is handled hundreds
Q15: The most important characteristic of money is
Q18: Because the U.S.government promises that its metallic
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