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Author Question: We use interest rates to measure the opportunity cost of holding money. Indicate whether the ... (Read 85 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
Great answer, keep it coming :)


jordangronback

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Reply 3 on: Yesterday
Wow, this really help

 

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