menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 43
  4. Exam
    Exam 14: B: Money, Banking, and Money Creation
  5. Question
    If You Write a Cheque on a Bank in Saskatoon
Solved

If You Write a Cheque on a Bank in Saskatoon

Question 68

Question 68

Multiple Choice

If you write a cheque on a bank in Saskatoon to purchase a new Nissan Murano, you are employing money as:


A) a medium of exchange.
B) a store of value.
C) a unit of account.
D) all of the above.

Correct Answer:

verifed

Verified

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

Related Questions

Q63: The following balance sheet shows the assets

Q64: Which of the following statements is not

Q65: Mortgage-backed securities are:<br>A)stocks backed by mortgage payments.<br>B)bonds

Q66: The basic reason why the chartered banking

Q67: If the desired reserve ratio were 15

Q69: When we say that money serves as

Q70: Assume that Smith deposits $600 in currency

Q71: Suppose a chartered bank has demand deposits

Q72: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" Refer to the

Q73: When a borrower repays a loan of

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines