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Which of the Following Statements Is False

Question 35

Multiple Choice

Which of the following statements is false ?


A) Round stones with holes in the center can serve as money.
B) Money eases the process of exchanging goods and services in a modern economy.
C) Money serves as a measure of value only when it is backed by gold or silver.
D) Money is used as a measure of the relative value of goods and services in an economy.

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