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    Principles of Economics Study Set 1
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    Exam 22: Money Prices and the Federal Reserve
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    When a Baker Exchanges a Pie for Dollars, This Is
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When a Baker Exchanges a Pie for Dollars, This Is

Question 19

Question 19

Multiple Choice

When a baker exchanges a pie for dollars, this is an example of dollars serving as:


A) barter.
B) a medium of exchange.
C) a unit of account.
D) a store of value.

Correct Answer:

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