Multiple Choice
If you write a cheque on a Saskatoon bank to purchase a new Honda Civic,you are employing money as:
A) a medium of exchange.
B) a store of value.
C) a unit of account.
D) all of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q40: If we let P equal the price
Q57: Currency and demand deposits are money because:<br>A)they
Q61: The multiple by which the chartered banking
Q82: A bank's actual cash reserves can be
Q98: The granting of a $10,000 loan and
Q109: Refer to the above information.Which of the
Q110: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2474/.jpg" alt=" -Refer to the
Q111: Other things being equal,we would expect an
Q116: The following balance sheet is for the
Q160: Near money means:<br>A)Money substitutes such as credit