The store of value function is defined as the
A) double coincidence of wants that is used in the debate over barter versus money.
B) pricing of goods and services in one measure.
C) exchange of goods and services directly for other goods and services.
D) holding of money from one transaction to be used later in another transaction.
E) use of money as a medium of exchange.
D
You might also like to view...
The percentage of women in the U.S. labor force ___________ between 1880 and 1920
a. increased b. decreased c. remained relatively constant
Which of the following statements is true?
a. Income earned by a worker with a college degree grows more rapidly than a worker without a college degree during their early working years. b. A worker with a college degree always earns less than a worker without a college degree. c. A worker with a college degree always earns more than a worker without a college degree. d. A worker without a college degree initially earns more than a worker with a college degree but the latter surpasses the former in due course of time. e. Both the workers earn equal incomes after a certain period of time.