Which of the Following Illustrates the Medium-Of-Exchange Function of Money

question 41

Multiple Choice

Which of the following illustrates the medium-of-exchange function of money?

• A) writing a check to buy a new Volkswagen
• B) noting that the price of a $20,000 Volkswagen is 16,000 euros
• C) keeping $20,000 in cash in your mattress instead of buying a new Volkswagen
• D) driving your $20,000 Volkswagen to a friend's house

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Definitions:

Shoreline Glacier

A glacier that extends to the sea at its terminus, often calving icebergs into the water.

Glaciers

Large, slow-moving masses of ice that form from the accumulation and compaction of snow on mountains or near the poles.

Smooth Troughs

Gently sloping depressions or valleys often found on the ocean floor, formed by sedimentation or tectonic activities.

Marine Sediments

Particles of organic and inorganic matter that accumulate in a loose, unconsolidated form on the ocean floor.