Which term below fits closest to money functioning as a unit of accounting?
A. liquidity
B. standard of value
C. medium of exchange
D. adverse selection
Answer: B
Economics
You might also like to view...
A public good is
A) a good that is rivalrous and nonexcludable. B) a good that is rivalrous and excludable. C) a good that is nonrivalrous and excludable. D) a good that is nonrivalrous and nonexcludable.
Economics
An agreement among countries to adopt a common currency is called a
A) central bank consolidation. B) currency union. C) monetary compact. D) common banking treaty.
Economics