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  3. Study Set
    Macroeconomics Study Set 8
  4. Exam
    Exam 7: The Asset Market, money, and Prices
  5. Question
    For Something to Satisfy the Medium of Exchange Function of Money,it
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For Something to Satisfy the Medium of Exchange Function of Money,it

Question 7

Question 7

Multiple Choice

For something to satisfy the medium of exchange function of money,it must be


A) backed by gold.
B) readily exchangeable for other goods.
C) issued by a Central Bank.
D) an inherently valuable commodity.

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