Doug Is Saving Money in Order to Purchase a New

question 23

Multiple Choice

Doug is saving money in order to purchase a new snowboard next winter. This represents using money as

• A)a medium of deferred payment.
• B)method of barter.
• C)a store of value.
• D)a medium of exchange.
• E)a unit of account.

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Definitions:

Radula

A unique anatomical feature found in mollusks, consisting of a chitinous ribbon-like structure used for feeding by scraping or cutting food.

Polychaetes

A class of annelid worms, known for their bristled segments which are predominantly marine.

Chaetae

Bristle-like structures made of chitin found on the bodies of annelid worms, such as earthworms, contributing to their locomotion.

Oligochaetes

A group of segmented worms, including earthworms, characterized by having a relatively small number of chaetae (bristles) compared to other polychaetes.