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    Exam 4: The U.S. Federal Reserve and the Creation of Money
  5. Question
    ________ Is That Item Which Serves as a Numeraire, or Unit
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________ Is That Item Which Serves as a Numeraire, or Unit

Question 28

Question 28

Multiple Choice

________ is that item which serves as a numeraire, or unit of account or the unit that is used to measure wealth.


A) An asset
B) Money
C) A widget
D) A good or service

Correct Answer:

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