Multiple Choice
Which of the following illustrates the medium-of-exchange function of money?
A) writing a check to buy a new Volkswagen
B) noting that the price of a $20,000 Volkswagen is 30,000 German marks
C) keeping $20,000 in cash in your mattress instead of buying a new Volkswagen
D) driving your $20,000 Volkswagen to a friend's house
Correct Answer:
Verified
Correct Answer:
Verified
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