Chara pays Jim $2 and receives a cup of coffee in return. This demonstrates money's function as a O store of value medium of exchange O unit of account means of deferred payment Question 37 Which of the following is the best example of people engaged in barter? Bill asks for $4,500 for his used car, but when Willis offers $3,800, Bill ends up selling it to him for $4,000 instead. O Noreen gives Lucas a homemade cupcake for his birthday instead of a store- bought gift.

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Chara pays Jim $2 and receives a cup of coffee in return. This
demonstrates money's function as a
O store of value
medium of exchange
O unit of account
means of deferred payment
Question 37
Which of the following is the best example of people engaged in barter?
Bill asks for $4,500 for his used car, but when Willis offers $3,800, Bill ends up
selling it to him for $4,000 instead.
O Noreen gives Lucas a homemade cupcake for his birthday instead of a store-
bought gift.
O Stepon uses his debit card to purchase a $30 train ticket.
O LaVar agrees to swap his comic book for three of Max's baseball cards.
Transcribed Image Text:Chara pays Jim $2 and receives a cup of coffee in return. This demonstrates money's function as a O store of value medium of exchange O unit of account means of deferred payment Question 37 Which of the following is the best example of people engaged in barter? Bill asks for $4,500 for his used car, but when Willis offers $3,800, Bill ends up selling it to him for $4,000 instead. O Noreen gives Lucas a homemade cupcake for his birthday instead of a store- bought gift. O Stepon uses his debit card to purchase a $30 train ticket. O LaVar agrees to swap his comic book for three of Max's baseball cards.
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