The law states that a lender must accept money in the repayment of debts.This means that money is a
A) unit of account.
B) medium of exchange.
C) facilitator of barter exchange.
D) legal tender.
Correct Answer:
Verified
Q2: Outside money is
A)money created by the government
Q3: The set of mechanisms used for making
Q4: When you buy something one day and
Q5: When money is used as a value
Q6: When two producers are trading without money,
Q7: When people use money by trading it
Q8: If money is a legal tender, it
Q9: Costs of trading are referred to as_
Q10: Higher the rate of inflation
A)slower will be
Q11: Which of the following is NOT a
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