Question #48562

Money has 3 main function they are and ?

Options:

A) IOU , inflation hedge store of value

B) Medium of exchange inflation hedge store of value

C) Medium of exchange unit of account IOU

D) Medium of exchange unit of account store of value

E) E. Medium of exchange unit of account store of value

Answer: Money has 3 main function they are E. Medium of exchange unit of account store of value and E. Medium of exchange unit of account store of value.

Previous Next

Economics Related Questions

Q1.

One percentage decrease in unemployment is associated with two percentage points of additional growth in real gdp is called?
Q2.

Who is called the father of Economics?
Q3.

For economists, the word “utility” means:
Q4.

In economics, the pleasure, happiness, or satisfaction received from a product is called ______?
Q5.

When economists say that people act rationally in their self interest, they mean that individuals _______?
Q6.

According to Emerson: “Want is a growing giant whom the coat of Have was never large enough to cover.” According to economists, “Want” exceeds “Have” because:
Q7.

According to economists, economic self-interest:
Q8.

When entering a building, Asim diverts his path to go through an open door rather than make the physical effort to open the closed door that is directly in his path. This is an example of:
Q9.

Resources in an economy ?
Q10.

The sacrifice involved when you choose a particular course of action is called the ?

Test Your Knowledge

Want to practice more questions like this? Take a quiz in this category!

Take a Quiz

Question #48562

Money has 3 main function they are and ?

Options:

Economics Related Questions

Category

Test Your Knowledge

Share This Question

Popular Categories

More Categories

Explore More

Question #48562

Money has 3 main function they are __________ and __________?

Options:

Economics Related Questions

Category

Test Your Knowledge

Share This Question

Money has 3 main function they are and ?