Solved

The Functions of Money Are

Question 171

Multiple Choice

The functions of money are


A) interest rates, prices and output.
B) M1, M2 or currency.
C) currency, deposits, and traveler's checks.
D) medium of exchange, unit of account, and store of value.

Correct Answer:

verifed

Verified

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

Related Questions

Q166: Credit cards are<br>A) a part of money

Q167: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above table

Q168: When you buy a hamburger for lunch,

Q169: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the figure

Q170: Unplanned reserves are equal to<br>A) the sum

Q172: A credit union is<br>A) a combination of

Q173: What is a "currency drain?" How and

Q174: Which of the following is an example

Q175: The opportunity cost of holding money refers

Q176: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -According to the