The Function of Money That Enables Money to Be Used

question 52

Multiple Choice

The function of money that enables money to be used for future purchases is called:

• A)medium of exchange.
• B)store of value.
• C)unit of account.
• D)measure of power.

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Definitions:

Ideological Preferences

The set of beliefs, values, and opinions that shapes an individual's or group's political perspectives and policy choices.

Presidential Preferences

The choices or inclinations of voters regarding presidential candidates in an election.

Judicial Restraint

A philosophy of law where judges play minimal policymaking roles, leaving policy decisions to the legislature and executive branches of government.

Judicial Activism

Refers to judicial rulings suspected of being based on personal or political considerations rather than on existing law.