Which of the Following Items Serve as a Medium of Exchange

question 30

Multiple Choice

Which of the following items serve as a medium of exchange in the United States?
I. $100 cash
II. 50 euros
III. the balance in your checking account
IV. a $1,000 corporate stock that you own

• A) I only
• B) I and II
• C) I, II, and III
• D) I and III
• E) I, II, III, and IV

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Definitions:

Sales Incentives

Financial or non-financial rewards offered to sales personnel to motivate them to increase sales performance.

External Factors

Elements outside of an organization that can impact its performance or operations, such as economic conditions or regulatory changes.

Scanlon

A type of participative management approach aimed at improving productivity and efficiency within an organization through employee involvement in decision-making.

Improshare Plans

A method designed to improve productivity through sharing the increased profits with employees.