In Many Stores in Canada, US Currency Is Accepted for Payment

question 23

Multiple Choice

In many stores in Canada, US currency is accepted for payment because the retailers know that their suppliers and other customers will also accept it. In this example, money serves as which of the following?

• A) a medium of exchange
• B) a unit of account
• C) a store of value
• D) a measure of value

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Definitions:

3-Methyl-4-heptanol

An organic compound falling within the alcohol class, characterized by a seven-carbon chain with a hydroxyl (OH) group attached to the fourth carbon and a methyl group attached to the third carbon.

Starting Material

The specific substances or chemical compounds that undergo a reaction or process to produce a desired product.

Grignard Reagent

An organomagnesium compound used in organic chemistry for forming carbon-carbon bonds.

Organolithium Reagent

Highly reactive organic compounds containing lithium used in various chemical syntheses, especially in the formation of carbon-carbon bonds.