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    Economics Today Study Set 1
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    Exam 15: Money, Banking, and Central Banking
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    The Use of Money as a Medium of Exchange I
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The Use of Money as a Medium of Exchange I

Question 75

Question 75

Multiple Choice

The use of money as a medium of exchange I. lowers transaction costs.
II) permits more specialization.


A) I only
B) II only
C) Neither I nor II
D) Both I and II

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