Which of the following does NOT describe a function of money?
A) unit of account
B) barter
C) medium of exchange
D) store of value
B
You might also like to view...
Refer to the figure above. After the demand curve shifts to D2, if the price is held below the new equilibrium, then:
A) the quantity demanded will equal the quantity supplied. B) the quantity demanded will be greater than the quantity supplied. C) the quantity demanded will be less than the quantity supplied. D) there will be zero deadweight loss.
Which of the following statements represents bad decision making?
A. I've put in so much time on this paper, I can't quit now. B. I've already paid for the ticket so I might as well stay to the end. C. I've already spent 3 years in the college so I can't drop out and go to work now. D. My stock has dropped $10 a share so I can't afford to sell it now. E. all of the above.