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  3. Study Set
    Economics A Contemporary Introduction
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    Exam 15: Banking and the Money Supply
  5. Question
    The Ability to Convert a Store of Value into a Medium
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The Ability to Convert a Store of Value into a Medium

Question 220

Question 220

Multiple Choice

The ability to convert a store of value into a medium of exchange with little loss of value is known as


A) arbitrage
B) solvency
C) liquidity
D) liability
E) currency

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