Which of the following is a correct listing of money's functions?
A) source of credit,value of transaction costs,unit of barter
B) medium of barter,medium of exchange,medium of transactions
C) unit of barter,unit of account,a unit of income
D) store of value,store of exchange,measure of account
E) store of value,medium of exchange,unit of account
Correct Answer:
Verified
Q19: To a bank,checkable deposits are classified as
Q20: A financial system is a means of
Q21: If a person uses money to buy
Q22: Money evolved out of the self-interested actions
Q23: Demand deposits are checking accounts that pay
Q25: In which situation are transaction costs most
Q26: Barter is
A) the exchange of money for
Q27: Which of the following illustrates a barter
Q28: The balance in a banking customer's checkable
Q29: According to the textbook,the good that emerged
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