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Money as a Means of Deferred Payment _____

Question 35

Multiple Choice

Money as a means of deferred payment _____.


A) makes it easier to borrow and repay loans
B) makes it easier to store value in an efficient manner
C) lowers the information costs involved in making transactions
D) serves as the only medium that is generally accepted for most transactions
E) makes it easier to compare the values of diverse goods and services

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