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    Principles of Macroeconomics
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    Exam 9: The Nature and Creation of Money
  5. Question
    The Price of an IPhone 7 Is $650
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The Price of an IPhone 7 Is $650

Question 208

Question 208

Multiple Choice

The price of an iPhone 7 is $650. What is the function of money in this context?


A) a medium of exchange
B) a means of payment
C) a unit of account
D) a measure of quality

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