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    Financial Markets and Institutions Study Set 1
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    Exam 1: Why Study Financial Markets and Institutions?
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    Money Is Defined as
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Money Is Defined as

Question 53

Question 53

Multiple Choice

Money is defined as


A) anything that is generally accepted in payment for goods and services or in the repayment of debt.
B) bills of exchange.
C) a riskless repository of spending power.
D) all of the above.
E) only A and B of the above.

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