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    Macroeconomics Canada Study Set 2
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    Exam 8: Money, the Price Level, and Inflation
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    If the Prices of Goods and Services Are Stated in Terms
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If the Prices of Goods and Services Are Stated in Terms

Question 123

Question 123

Multiple Choice

If the prices of goods and services are stated in terms of kilograms of salt, then salt is


A) a renewable resource.
B) a medium of exchange.
C) a store of value.
D) a unit of account.
E) quasi- money.

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