Answered: 7. Saving to withdraw represents this…

7. Saving to withdraw represents this function of money: A: commodity money B: medium of exchange C: store of value D: fiat money E: unit of account

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter14: Money And Banking

Section14.1: The Functions And Characteristics Of Money

Problem 2R

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Question

7. Saving to withdraw represents this function of
money:
A: commodity money
B: medium of exchange
C: store of value
D: fiat money
E: unit of account

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