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:

Non-analytic Way

Pertaining to approaches or methods that do not involve detailed examination or analysis, often relying on intuition or abstract thinking.

Adaptive Coping

Strategies that allow individuals to effectively address stress and adversity, leading to positive outcomes and psychological well-being.

Strong Faith

Firm belief in something, often without empirical evidence, typically referring to religious conviction.

Aerobic Exercise

Physical activity that improves heart and lung function by increasing the oxygen available to the body through increased heart rate.