Multiple Choice
The liquidity property of money is the property that makes money a good:
A) store of value and a good unit of account.
B) medium of exchange and a good store of value.
C) medium of exchange and a good unit of account.
D) store of value and a good standard of deferred payment.
Correct Answer:
Verified
Correct Answer:
Verified
Q40: A person's 'wealth':<br>A)is a measure of how
Q42: A disadvantage of using a commodity money
Q43: The statement 'a Dell laptop costs $1
Q44: A person's 'wealth' is:<br>A)something owned by them.<br>B)something
Q46: The narrowest definition of the money supply
Q47: Many international trade contracts are denominated in
Q49: Gold is an example of:<br>A)commodity money.<br>B)fiat money.<br>C)barter
Q76: During the German hyperinflation of the 1920s,the
Q113: An economy without money would have no
Q217: When banks gain _,they can _ their