Multiple Choice
Every time you get paid, you deposit $50 in a savings account because you want to go to on trip to Florida. Which function of money does this best illustrate?
A) store of value
B) medium of exchange
C) measure of value
D) unit of account
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q55: Jeff and Nathan are going to a
Q56: Tameka owns a small business and has
Q57: Kyle uses a local financial institution for
Q58: What is the overnight rate?<br>A) the lowest
Q59: The Bank of Canada promotes the economic
Q61: The CDIC provides basic deposit insurance of
Q62: You put $200 from every paycheque into
Q63: Meridian offers chequing and deposit and loan
Q64: Which of the following is a system
Q65: In which year was the Bank of