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Tei Compares the Price of a Toyota Celica with the Price

Question 47

Multiple Choice

Tei compares the price of a Toyota Celica with the price of a Nissan Stanza. In this example money is functioning as:


A) a medium of exchange.
B) a store of value.
C) a unit of account.
D) a standard of deferred payment.

Correct Answer:

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