When money is used to acquire goods and services, it is functioning as a _____.

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Joshua StredderLv10

29 Sep 2020

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when money is used to quote the price of a product, it is functioning as a

a. unit of account

b. means of payment

c. store of value

d. medium of exchange.

Please Answer Both! Thank you!

42. The main reason people hold money is that

a. money is intrinsically valuable.

b. money provides a standard of value.

c. money is power.

d. money is used to buy goods and services.

18. Discretionary fiscal policy is best described as

	a. an automatic change in income transfer payments to keep the economy at full employment.
	b. a deliberate attempt to improve the functioning of free markets.
	c. the design of a tax system that automatically stabilizes economic activity over time.
	d. a deliberate attempt to cause the economy to move to full employment and price stability more quickly than it might otherwise.