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    Macroeconomics Study Set 41
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    Exam 8: Money, the Price Level, and Inflation
  5. Question
    When Money Is Accepted as Payment in a Market Transaction
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When Money Is Accepted as Payment in a Market Transaction

Question 522

Question 522

Multiple Choice

When money is accepted as payment in a market transaction, it is functioning as a


A) store of value.
B) medium of exchange.
C) unit of accounting.
D) unit of investment.

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