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    Principles of Economics Study Set 6
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    Exam 24: The Nature and Creation of Money
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    The Price of a New Nokia Cell Phone Is $90
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The Price of a New Nokia Cell Phone Is $90

Question 143

Question 143

Multiple Choice

The price of a new Nokia cell phone is $90.What is the function of money in this context?


A) a medium of exchange
B) a means of payment
C) a unit of account
D) a measure of quality

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