Double Coincidence of Wants Is Avoided If Money Is Used

question 96

Multiple Choice

Double coincidence of wants is avoided if money is used as a:

• A)medium of exchange.
• B)measure of value.
• C)standard of deferred payment.
• D)store of value

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Definitions:

Net Profit

The amount of money a company earns after subtracting all expenses, taxes, and costs from its total revenue.

Upside Price Movement

The potential increase in the price of an asset or security from its current level.

Bull Spread

An options strategy aiming to profit from a moderate increase in the price of the underlying asset.

Security Fall

A decrease in the price or value of a security, such as a stock or bond, often influenced by market conditions and investor behavior.