The transactions approach to measuring money stresses the role of money as a

A) store of value. B) unit of accounting.
C) medium of exchange. D) standard of deferred payment.

C

Economics

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Refer to the scenario above. If the individual places his bet on ten pockets, his likelihood of winning is:

A) 5%. B) 10%. C) 20%. D) 25%.

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Which of the following is NOT an economic resource?

A) money B) low-skilled labor C) coal D) an engineer

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