When Money Is Held as an Asset, It Is Serving

question 143

Multiple Choice

When money is held as an asset, it is serving as a:

• A)standard of value.
• B)unit of account.
• C)medium of exchange.
• D)store of wealth.

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Definitions:

Celsius

A scale and unit of measurement for temperature where 0 degrees represents the freezing point and 100 degrees the boiling point of water under standard atmospheric conditions.

98.6ºF

Traditionally considered the average normal body temperature in degrees Fahrenheit for humans, although recent studies suggest variations.

Axillary Temperature

Body temperature taken from the armpit area, which is typically lower than the core body temperature measured orally or rectally.

Respirations Per Minute

A measure of the number of breaths a person takes within one minute, an important vital sign indicating respiratory health.