When money is held as an asset,it is serving as
A) a standard of value.
B) a standard of deferred payment.
C) a medium of exchange.
D) a store of value.
Correct Answer:
Verified
Q70: Which statement is the most accurate?
A)Banks are
Q71: Welfare banks are
A)illegal.
B)check-cashing stores.
C)credit unions operated by
Q72: The major consideration of whether something can
Q73: Currency is included in
A)M1 only.
B)M2 only.
C)M3 only.
D)M1
Q74: Which is the most accurate statement?
A)The FDIC
Q76: Statement I: The Federal Deposit Insurance Corporation
Q77: It is costly to hold money because
A)deflation
Q78: Small denomination time deposits are included in
A)M1
Q79: Money is a good store of value
A)when
Q80: The traditional role of savings and loan
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