When you bought your textbook for this course, you were using money as a
A) store of value.
B) price mechanism.
C) medium of exchange.
D) unit of account.
C
Economics
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Suppose the demand for money becomes less sensitive to changes in the interest rate
In moving along an LM curve, an increase in income must be accompanied by a ________ change in the interest rate than before, meaning that the LM curve has become ________. A) greater, steeper B) greater, flatter C) smaller, steeper D) smaller, flatter
Economics
Universal life insurance was created in response to
A) the popularity of whole life insurance. B) the popularity of variable life insurance. C) high interest rates. D) deregulation of banking.
Economics