Which of the following is NOT one of the functions of money?
A) A factor of production
B) A store of value
C) A medium of exchange
D) A standard of value
Correct Answer:
Verified
Q103: Relative to barter,money does NOT
A)facilitate specialization and
Q104: Which item is included in M1?
A)Large-denomination certificates
Q105: A goldsmith with 100 gold coins in
Q106: NOW (negotiable order of withdrawal)accounts
A)are really just
Q107: The largest United States bank in 2010
Q109: The largest element of the currency component
Q110: Checkable deposits are classified as money because
A)they
Q111: Of the 197 bank failures from 2000
Q112: Higher interest rates _ the _ cost
Q113: The speculative motive for holding money is
A)the
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