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Author Question: We use interest rates to measure the opportunity cost of holding money. Indicate whether the ... (Read 42 times)

jake

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We use interest rates to measure the opportunity cost of holding money.
 
  Indicate whether the statement is true or false

Question 2

The store of value function is defined as the
 
  A) double coincidence of wants that is used in the debate over barter versus money.
  B) pricing of goods and services in one measure.
  C) exchange of goods and services directly for other goods and services.
  D) holding of money from one transaction to be used later in another transaction.
  E) use of money as a medium of exchange.



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shewald78

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Answer to Question 1

TRUE

Answer to Question 2

D




jake

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


mohan

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Reply 3 on: Yesterday
Excellent

 

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