N 212 PASTQUESNONS WITH ANSWERS(MONEY) (1).pdf-Adobe Acrobat Reader DC (32-bit)t View Sign Window HelpToolsECON 212 PAST Q *1 /7PAST QUESTIONS & ANSWERS (MONEY AND THE FINANCIAL SYSTEM)-ECON 212KES ECONOMICS GROUPMONEY AND THE FINANCIAL SYSTEM PAST QUESTIONS(ECON 212)KES ECONOMICS GROUP1.When a consumer wants to compare the price of one product with another, money is primarilyfunctioning as a:A. Store of valueB. Unit of accountC. Checkable depositD. Medium of exchange2. What function is money serving when you deposit money in a savings account?A A store of valueB. A unit of accountC. A checkable depositD. A medium of exchangeDerot3. Money functions as a store of value if it allows you tA. Measure the value of goods in a reliable wayB. Make exchanges in a more efficient mannerC. Delay purchases until you want the goodsD. Increase your confidence in moneyES GROUP4. One major advantage of the medium of exchange function of money is that it allows societyto:A. Transfer purchasing power from the present to the futureB. Measure the relative worth of productsC Escane the complications of barter.lana HemaaOkayFridaYour securityEOG 212 GROUP1 GPLE AYType a messageth3364518 4761 changedType here to search

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PAST QUESTIONS & ANSWERS (MONEY AND THE FINANCIAL SYSTEM)- ECON 212 KES ECONOMICS GROUP MONEY AND THE FINANCIAL SYSTEM PAST QUESTIONS(ECON 212) KES ECONOMICS GROUP 1.When a consumer wants to compare the price of one product with another, money is primarily functioning as a: A. Store of value B. Unit of account C. Checkable deposit D. Medium of exchange 2. What function is money serving when you deposit money in a savings account? A A store of value B. A unit of account C. A checkable deposit D. A medium of exchange 3. Money functions as a store of vahue if it allows you to: A. Measure the value of goods in a reliable way B. Make exchanges in a more efficient manner C. Delay purchases until you want the goods D. Increase your confidence in money MES GROUP 4. One major advantage of the medium of exchange function of money is that it allows society to: A. Transfer purchasing power from the present to the future B. Measure the relative worth of products C Escane the complications.of barter.

PAST QUESTIONS & ANSWERS (MONEY AND THE FINANCIAL SYSTEM)- ECON 212 KES ECONOMICS GROUP MONEY AND THE FINANCIAL SYSTEM PAST QUESTIONS(ECON 212) KES ECONOMICS GROUP 1.When a consumer wants to compare the price of one product with another, money is primarily functioning as a: A. Store of value B. Unit of account C. Checkable deposit D. Medium of exchange 2. What function is money serving when you deposit money in a savings account? A A store of value B. A unit of account C. A checkable deposit D. A medium of exchange 3. Money functions as a store of vahue if it allows you to: A. Measure the value of goods in a reliable way B. Make exchanges in a more efficient manner C. Delay purchases until you want the goods D. Increase your confidence in money MES GROUP 4. One major advantage of the medium of exchange function of money is that it allows society to: A. Transfer purchasing power from the present to the future B. Measure the relative worth of products C Escane the complications.of barter.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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