menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 68
  4. Exam
    Exam 14: Money, Banking, and Financial Institutions
  5. Question
    If You Place a Part of Your Summer Earnings in a Savings
Solved

If You Place a Part of Your Summer Earnings in a Savings

Question 126

Question 126

Multiple Choice

If you place a part of your summer earnings in a savings account, you are using money primarily as a


A) medium of exchange.
B) store of value.
C) unit of account.
D) standard of value.

Correct Answer:

verifed

Verified

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

Related Questions

Q121: As long as the owner (seller) of

Q122: The Federal Reserve System is an<br>A) agency

Q123: <span class="ql-formula" data-value="\begin{array} { | l |

Q124: <span class="ql-formula" data-value="\begin{array} { | l |

Q125: The central authority of the U.S. banking

Q127: Subprime mortgages, which played a central role

Q128: The Federal Open Market Committee (FOMC).<br>A) provides

Q129: The paper money used in the United

Q130: The so-called near monies have the following

Q131: TARP, created in 2008, stands for<br>A) Toxic

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines