All of the following are considered major functions of money except as a:
A) medium of exchange.
B) way to display wealth.
C) unit of account.
D) store of value.
Correct Answer:
Verified
Q15: Economists use the term money to refer
Q16: Money that has no value other than
Q17: To make a trade in a barter
Q18: In a country on a gold standard,
Q19: The quantity of money in the United
Q21: Currency equals:
A) M1.
B) the sum of funds
Q22: Demand deposits are funds held in:
A) currency.
B)
Q23: Payment is deferred by using _, but
Q24: In the United States, the money supply
Q25: Banks create money in:
A) a 100-percent-reserve banking
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