Multiple Choice
A unit of account is
A) a bank account.
B) a savings account.
C) a common measurement in which values are expressed.
D) the same as a medium of exchange.
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q121: Describe the differences between M1 and M2.
Q122: A unit of account is<br>A) anything that
Q123: Bank A has checkable deposits of $10
Q124: If a bank's assets are $500 million
Q125: In banking,another term for bank capital is<br>A)
Q127: Inflation does the greatest harm to money's
Q128: If peanuts were widely accepted for purposes
Q129: The amount of required reserves a bank
Q130: Reserves equal bank deposits at the Fed
Q131: Which of the following is not a