Which is a recognized function of money?
A) unit of exchange
B) medium of store
C) store of exchange
D) unit of account
E) medium of value
Correct Answer:
Verified
Q9: A double coincidence of wants requires
A) two
Q10: In a world where Say's Law always
Q11: A barter economy has a problem known
Q12: When real GDP decreases, the
A) quantity demanded
Q13: When average prices rise, the
A) quantity demanded
Q15: The law of demand for money says
A)
Q16: In a world where Say's Law always
Q17: When average prices fall, the
A) quantity demanded
Q18: Bonds offer a(n)
A) uncertain stream of payments
Q19: The law of demand for money says
A)
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