Stock market price quotations are an example of money serving as a
A) store of value.
B) medium of exchange.
C) unit of accounting.
D) economic value.
C
Economics
You might also like to view...
Because of market power, wages are higher under monopsony than under competitive conditions
Indicate whether the statement is true or false
Economics
Why is a firm in a monopolistically competitive industry considered a "mini" monopoly?
a. There are large number of sellers in the market. b. Each firm in monopolistic competition is a price taker. c. The product of each firm is unique in some way or the other. d. Each firm faces a perfectly elastic demand curve. e. There exists a large number of close substitutes of the products.
Economics