Question: What makes something money? What functions does money perform? Question content area bottom left Part 1 Something is money if it is a commodity or
What makes something money? What functions does money perform?
Question content area bottom left
Part
Something is money if it is a commodity or token that is generally acceptable as a
A
unit of account
B
store of value
C
tool in the absence of a double coincidence of wants
D
means of payment
Part
Money serves the functions of
A
a medium of exchange, a means of barter, and a store of value
B
a medium of exchange, a unit of account, and a store of value
C
a unit of account, a means of establishing credit, and investment
D
a store of value, a means of barter, and a means of establishing credit
Question content area bottom right
Part
Choose the correct statements.
A
Statements are correct.
B
Statements are correct.
C
Statements are correct.
D
Statements are correct.
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