Suppose That Transactions Are Conducted in Pesos and Prices Are

question 22

Multiple Choice

Suppose that transactions are conducted in pesos and prices are quoted in dollars.In this case the dollar functions primarily as a

• A)store of value.
• B)unit of account and store of value.
• C)medium of exchange.
• D)unit of account.
• E)medium of exchange and store of value.

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