If You Write a Cheque on a Bank in Saskatoon

question 68

Multiple Choice

If you write a cheque on a bank in Saskatoon to purchase a new Nissan Murano, you are employing money as:

• A)a medium of exchange.
• B)a store of value.
• C)a unit of account.
• D)all of the above.

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Definitions:

Technical Rules

Technical rules refer to the specific, detailed regulations and guidelines that govern processes, operations, or activities within particular fields or industries.

Social Security

A government-run program providing financial assistance to individuals during retirement, disability, or upon the occurrence of other specified conditions, aiding in economic stability.

Specific Government Program

A targeted initiative or plan established by a government to address a particular issue or set of issues.

Chief Advisers

High-ranking officials or experts who provide expert advice and guidance to the head of a government, organization, or leader.