In comparing money to a share of Microsoft stock held by an individual, we can say Multiple Choice the share of stock is an asset, but money is a liability. only the money is a means of payment, but both are stores of value. only the money is a means of payment, but both are units of account. both the Microsoft stock and the money are llabilities. O

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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In comparing money to a share of Microsoft stock held by an individual, we can say
Multiple Choice
the share of stock is an asset, but money is a liability.
only the money is a means of payment, but both are stores of value.
only the money is a means of payment, but both are units of account.
both the Microsoft stock and the money are llabilities.
O
Transcribed Image Text:In comparing money to a share of Microsoft stock held by an individual, we can say Multiple Choice the share of stock is an asset, but money is a liability. only the money is a means of payment, but both are stores of value. only the money is a means of payment, but both are units of account. both the Microsoft stock and the money are llabilities. O
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