An Example of the Use of Money as a Medium

question 1

Multiple Choice

An example of the use of money as a medium of exchange is:

• A)Mike gets a friend to give him a beer today in return for promising to give the friend two beer when Mike gets paid at the end of the month.
• B)Judy lends her car to a friend who signs a promissory note that she will pay Judy $10 a day for the use of the car after she returns the car to Judy.
• C)ABC Investments Inc. enters in its account books that it owes Nallai $20 for his last month's investment income.
• D)Dave keeps $250 in his drawer for a 'rainy day'.
• E)Barry pays $275 with his bank debit card for tickets for an NHL play- off game.

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Definitions:

Replication

The process of duplicating a molecule of DNA, ensuring that each new cell receives a complete set of genetic instructions.

DNA

Deoxyribonucleic acid, a molecule that carries the genetic instructions used in the growth, development, functioning, and reproduction of all known living organisms.

Ribose

A five-carbon sugar that is a crucial component of RNA (ribonucleic acid) molecules.

Helix

A three-dimensional, spiral shape, common in structural biology, particularly in the structure of proteins and nucleic acids like DNA.