Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

Indicate the number of the answer that best defines or describes the following t

ID: 2549958 • Letter: I

Question

Indicate the number of the answer that best defines or describes the following terms.

i. Money when used to execute transactions.                 ­­­­__________

ii. Money's ability to be used intertemporally.               ­­­­__________    

iii. Money as a standard unit of account.                       __________

iv. Kept by banks to meet withdrawals.                              __________

v. Money as an asset.                                                          ___________

vi. Exchange without money.                                           ___________

1. Barter

2. Measure of value

3. Medium of exchange

5. Store of value

6. Reserves

7. Standard of Deferred payment

Explanation / Answer

i. Money when used to execute transactions.                 3.

ii. Money's ability to be used intertemporally.               7.

iii. Money as a standard unit of account.                       2.

iv. Kept by banks to meet withdrawals.                             6.

v. Money as an asset.                                                         5.

vi. Exchange without money.                                           1.

Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Drop an Email at
drjack9650@gmail.com
Chat Now And Get Quote