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    Exam 1: A Modern Financial System: An Overview
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    The Term 'Medium of Exchange' for Money Refers to Its
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The Term 'Medium of Exchange' for Money Refers to Its

Question 66

Question 66

Multiple Choice

The term 'medium of exchange' for money refers to its use as:


A) coinage.
B) currency.
C) something that is widely accepted as payment for goods and services.
D) any standard of value that prices can be expressed in.

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