Author Question: What is the most common reason people demand money? A) Each bill and coin is a reflection of ... (Read 11 times)

Tazate · **on:** Jun 30, 2018

What is the most common reason people demand money?

A) Each bill and coin is a reflection of important people and events in a nation's history.
B) Since very few of us engage in a flow of transactions, money is our financial safety net.
C) People desire to use money as a medium of exchange when they buy goods and services.
D) They demand money to ensure that the nation's government will not spend too much.

Question 2

When Annie puts her money in her sock drawer for purchases later on, money is acting as a

A) unit of accounting. B) standard of deferred payment.
C) store of value. D) medium of exchange.