Which of the Following Applies to Money When It Serves

question 162

Multiple Choice

Which of the following applies to money when it serves as a store of value?
I. Money is a store of value because it is an agreed measure for stating goodsʹ prices.
II. The more stable moneyʹs value, the better it serves as a store of value.
III. When money serves as a store of value, it requires a double coincidence of wants.

• A) II and III
• B) I and II
• C) I only
• D) II only

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Definitions:

Cloacal Membrane

In early embryonic development, the membrane that temporarily closes the ventral body wall at the location of the future anus and urogenital openings.

Digestive Tract

Mouth, oropharynx, esophagus, stomach, small intestine, and large intestine.

Apical Ectodermal Ridges

Thickened regions of ectoderm important for the induction and growth of the limbs in developing embryos.

Frontonasal Process

The embryonic precursor to the forehead and the bridge of the nose, playing a significant role in facial development.