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    Principles of Macroeconomics
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    Exam 9: The Nature and Creation of Money
  5. Question
    Keeping a $20 Bill in Your Purse to Purchase a Movie
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Keeping a $20 Bill in Your Purse to Purchase a Movie

Question 186

Question 186

Multiple Choice

Keeping a $20 bill in your purse to purchase a movie DVD when it comes out next month means that money functions as a


A) medium of exchange.
B) unit of account.
C) standard of deferred payment.
D) store of value.

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