When you toss your spare quarters into a jar so you can use them later at the laundromat, you are using money in its function as a

A) medium of exchange.
B) unit of account.
C) store of value.
D) record keeping device.

C

Economics

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What would cause a bank run?

A) Depositors feel that the bank does not have sufficient assets to cover their deposits. B) Bank managers choose to hold more excess reserves. C) Depositors feel that they are earning too low of a return on their deposits. D) Borrowers feel that they are being charged too high of an interest rate on their loans.

Economics

What form of production predominates in less developed countries?

A. Service B. Government C. Wholesale D. Agriculture

Economics