An economy's income is the same as its expenditure because every transaction has a buyer and a seller
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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The most direct way in which money eliminates the need for a double coincidence of wants is through its use as a
A) medium of exchange. B) standard of deferred payment. C) store of value. D) unit of account.
Economics
Money market deposit accounts are included in
A) only M1. B) only M2. C) M1 and M2. D) neither M1 nor M2.
Economics