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    Principles of Macroeconomics Study Set 8
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    Exam 16: The Monetary System: The Meaning of Money
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    Any Item That People Can Use to Transfer Purchasing Power
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Any Item That People Can Use to Transfer Purchasing Power

Question 45

Question 45

Multiple Choice

Any item that people can use to transfer purchasing power from the present to the future is called


A) a medium of exchange.
B) a unit of account.
C) a store of value.
D) None of the above is correct.

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