Among all assets, only money can be a

A) unit of account.
B) store of value.
C) medium of exchange.
D) a way of amassing wealth.

C

Economics

You might also like to view...

The long-run aggregate supply curve shows the

A) maximum GDP the nation will ever produce. B) full-employment level of real GDP. C) level of real GDP associated with a constant price level. D) level of output at which real GDP equals nominal GDP.

Economics

An increase in the price level causes a movement down the aggregate demand curve

Indicate whether the statement is true or false

Economics