What Function Is Money Serving When You Deposit Money in a Savings

question 185

Multiple Choice

What function is money serving when you deposit money in a savings account?

• A)a store of value
• B)a unit of account
• C)a chequable deposit
• D)a medium of exchange

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Definitions:

ACTH

or Adrenocorticotropic hormone is a hormone produced in the pituitary gland that stimulates the production of cortisol in the adrenal gland.

Adrenal Cortex Secretions

Hormones produced by the outer layer of the adrenal gland, including cortisol and aldosterone, which regulate metabolism, blood pressure, and stress responses.

Parathyroid Hormone

A hormone produced and released by the parathyroid glands, crucial for regulating serum calcium and phosphate levels.

Thyroid

A gland in the neck that produces hormones regulating metabolism, energy generation, and growth.