A medium of exchange is
A) any asset that sellers will accept as payment.
B) a measure by which prices are expressed.
C) an asset that is used to settle future debts.
D) the thing traded when barter takes place.
Correct Answer:
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Q20: Which of the following statements does NOT
Q21: When you set aside the money you
Q22: As a unit of account, money is
Q23: The most important function of money is
Q24: One of the benefits of money as
Q26: Which function of money allows people to
Q27: Any asset that sellers will accept as
Q28: A measure by which prices are expressed
Q29: Which of the following statements is NOT
Q30: In economics, money is
A) another term for
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