Solved

Which of the Following Items Serve as a Medium of Exchange

Question 30

Multiple Choice

Which of the following items serve as a medium of exchange in the United States?
I. $100 cash
II. 50 euros
III. the balance in your checking account
IV. a $1,000 corporate stock that you own


A) I only
B) I and II
C) I, II, and III
D) I and III
E) I, II, III, and IV

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions