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Money Serves as a Basic Yardstick for Measuring Economic Value

Question 57

Multiple Choice

Money serves as a basic yardstick for measuring economic value (a unit of account) , allowing:


A) people to hold their wealth in a liquid form.
B) governments to restrict the issuance of private monies.
C) easy comparison of the relative prices of goods and services.
D) goods and services to be exchanged with a double coincidence of wants.

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