The Three Important Functions of Money Are _____

question 6

Multiple Choice

The three important functions of money are _____.

• A)medium of exchange,facilitation of trade,and unit of account
• B)unit of account,facilitation of trade,and store of value
• C)store of value,facilitation of trade,and double coincidence of wants
• D)facilitation of trade,medium of exchange,and unit of account
• E)medium of exchange,unit of account,and store of value

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Definitions:

Compulsions

Actions or thoughts that a person is compelled to repeat due to an obsession, or in response to strict rules that have to be followed precisely.

Compulsion

An irresistible urge to behave in a certain way, especially against one's conscious wishes.

Checking Locks

A behavior often associated with obsessive-compulsive disorder, characterized by the compulsive need to repeatedly check if doors are locked.

Exposure And Response Prevention

Type of therapy in which individuals with anxiety symptoms are exposed repeatedly to the focus of their anxiety but prevented from avoiding it or engaging in compulsive responses to the anxiety.