The Transactions Demand for Money Is Most Closely Related to Money

question 95

Multiple Choice

The transactions demand for money is most closely related to money functioning as a:

• A)unit of account.
• B)medium of exchange.
• C)store of value.
• D)both store of value and unit of account.

---

Definitions:

Alternative Courses

involve different strategies or avenues a business or individual might consider when making decisions to achieve specific goals.

Good Judgment

The ability to make considered decisions or come to sensible conclusions.

Income Statements

A financial statement that shows a company's revenues and expenses over a specific period, leading to the net income or loss.

Merchandising Company

A business that purchases goods and sells them at a higher price without changing their form.