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    Exam 2: Money and the Monetary System
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    When It Is a Means of Paying for Goods and Services
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When It Is a Means of Paying for Goods and Services

Question 119

Question 119

Multiple Choice

When it is a means of paying for goods and services and discharging debts, money is referred to as a


A) store of purchasing power
B) medium of exchange
C) standard of value
D) liquid asset

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