Money is any commodity or token that is
A) issued by the government.
B) backed by gold.
C) generally accepted as a means of payment.
D) a store of value.
E) generally accepted as a means of measurement.
C
Economics
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Refer to Figure 2-2. What is the opportunity cost of one dozen orchids?
A) 0.4 dozen roses B) 2.5 dozen roses C) 7.25 dozen roses D) 16 dozen roses
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Lower interest rates are generally charged on more risky investments and on securities that have longer maturities
Indicate whether the statement is true or false
Economics