The main disadvantage of using money as a store of value is that:
A) other assets provide greater anonymity than cash.
B) barter is a more efficient way to conduct transactions than using money.
C) unlike other assets, money serves as a medium of exchange.
D) other assets pay relatively higher rates of interest than money.
Correct Answer:
Verified
Q14: Money serves as a basic yardstick for
Q15: If you put a $20 bill in
Q16: When your grandfather keeps a bundle of
Q17: The three functions of money are:
A)spending for
Q18: Finding both parties to a trade who
Q20: Money serves as a unit of account
Q21: Commercial banks create new money:
A)when they increase
Q22: Liabilities of the commercial banking system include:
A)reserves
Q23: The M2 measure of money consists of
Q24: When the actual reserve-deposit ratio exceeds the
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