Multiple Choice
Mia puts money into a piggy bank so she can spend it later.Which function of money does this illustrate?
A) store of value
B) medium of exchange
C) unit of account
D) wealth
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q84: In Wellville, the money supply is $80,000
Q92: What characterizes currency?<br>A) It has intrinsic value.<br>B)
Q114: When the Bank of Canada conducts open-market
Q123: Suppose a bank has $10,000 in deposits
Q124: Which of the following has intrinsic value?<br>A)
Q125: Which of the following ranks assets from
Q146: During recessions, banks typically choose to hold
Q147: Which account balance is included in M1+?<br>A)
Q184: Assume that banks do not hold excess
Q186: Which statement best describes the process of