If money is a legal tender, it implies that a_____ must accept______ in the repayment of debts, by law.
A) lender; only non-monetary payments
B) borrower; money
C) borrower; only non-monetary payments
D) lender; money
Correct Answer:
Verified
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
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
Q12: Hyperinflation occurs when
A)the inflation rate is extremely
Q13: Inflation affects money by
A)increasing money's efficiency as
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