Multiple Choice
A checking deposit functions as
A) a medium of exchange and a store of value.
B) a medium of exchange, but not a store of value.
C) a store of value, but not a medium of exchange.
D) neither a medium of exchange nor a store of value.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q3: Suppose that in a closed economy GDP
Q5: A dividend yield is the<br>A)dividend as a
Q6: Bolivia had a smaller budget deficit in
Q8: Suppose a country has a consumption tax
Q12: The identity that shows that GDP is
Q41: Managed funds<br>A)typically have a higher rate of
Q58: An increase in the budget deficit<br>A)makes investment
Q71: Other things the same,which bond would you
Q73: If there is a shortage of loanable
Q174: When the government runs a budget deficit,<br>A)interest