Multiple Choice
Patrick places his pocket change into his savings bank on his desk each evening. By his actions,Patrick indicates that he believes that money is a
A) medium of exchange.
B) unit of account.
C) store of value.
D) unit of specialization.
Correct Answer:
Verified
Correct Answer:
Verified
Q41: As a means of payment,coins have the
Q42: Currency includes<br>A)paper money and coins.<br>B)paper money,coins,and checks.<br>C)paper
Q43: Compared to an economy that uses a
Q44: The total collection of pieces of property
Q45: Which of the following is NOT included
Q47: The evolution of the payments system from
Q48: The M1 measure of money includes<br>A)small denomination
Q49: An individual's annual salary is her<br>A)money.<br>B)income.<br>C)wealth.<br>D)liabilities.<br>
Q50: Paper currency that has been declared legal
Q51: From 2004 to 2007,the growth rates of