Author Question: Money almost always serves as the standard unit for quoting prices. This is another way of saying ... (Read 123 times)

Destiiny22 · **on:** Jun 30, 2018

Money almost always serves as the standard unit for quoting prices. This is another way of saying money serves as a:
a. medium of exchange.
b. store of value.
c. standard of value.
d. commodity itself.

Question 2

As the velocity of money rises, the amount of money being held by individuals also rises.
a. True
b. False
Indicate whether the statement is true or false