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Money Is Defined as Any Good That _________________ and ___________________

Question 116

Multiple Choice

Money is defined as any good that _________________ and ___________________.


A) can be used for the repayment of debt; can be used as a store of value
B) is widely accepted for purposes of exchange; the repayment of debt
C) can serve as collateral when applying for a loan; can be used to start a business
D) is widely accepted for purposes of exchange; can be used when making credit decisions

Correct Answer:

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