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    Economics-Macroeconomics
  4. Exam
    Exam 8: Money, the Price Level, and Inflation
  5. Question
    Which of the Following Is TRUE
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Which of the Following Is TRUE

Question 298

Question 298

Multiple Choice

Which of the following is TRUE?
I. Checks are considered money because they can be used as a medium of exchange.
II. Checks represent a transfer of money.


A) I only
B) II only
C) both I and II
D) neither I nor II

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