If lenders refuse to state the debt in terms of dollars,then dollars are not a
A)medium of exchange.
B)unit of account.
C)store of value.
D)standard of deferred payment.

Question

Quizplus · Accepted Answer

If lenders refuse to state the debt in terms of dollars, then dollars are not serving as a standard of deferred payment, which is the function of money used for future payments.

If Lenders Refuse to State the Debt in Terms of Dollars,then