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    Economics Today Study Set 1
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    Exam 15: Money, Banking, and Central Banking
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    When Money Is Accepted as Payment in a Market Transaction
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When Money Is Accepted as Payment in a Market Transaction

Question 216

Question 216

Multiple Choice

When money is accepted as payment in a market transaction, it is functioning as a


A) store of value.
B) unit of accounting.
C) medium of exchange.
D) unit of investment.

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