Multiple Choice
The fact that using money avoids the double coincidence of wants necessary in a barter economy illustrates which function of money?
A) source of liquidity
B) store of value
C) unit of account
D) medium of exchange
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q156: Are credit cards or debit cards money?
Q187: According to the quantity theory of money,
Q188: A new financial innovation results in people
Q189: In 2006, real GDP in Belgium grew
Q190: The monetary policy-making body of the Federal
Q192: Which of the following allow banks to
Q193: The banking system in the United States
Q194: The quantity theory of money predicts that
Q195: Which of the following is NOT a
Q196: The table below shows data for