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    Economics for Managers
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    Exam 13: The Role of Money in the Macro Economy
  5. Question
    The Function of Money That Enables Individuals to Exchange Goods
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The Function of Money That Enables Individuals to Exchange Goods

Question 24

Question 24

Multiple Choice

The function of money that enables individuals to exchange goods and services in a common unit of account is called:


A) medium of exchange.
B) store of value.
C) unit of account.
D) measure of power.

Correct Answer:

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