There Is an Asset Demand for Money Primarily Because of Which

question 50

Multiple Choice

There is an asset demand for money primarily because of which function of money?

• A) legal tender
• B) store of value
• C) measure of value
• D) medium of exchange

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Definitions:

Precambrian

A very long interval of geologic time, from the formation of the solid earth to the beginning of the Paleozoic; it is equivalent to 90% of geologic time.

Precambrian

Referring to the eon that constitutes the earliest part of Earth's history, which ended approximately 542 million years ago.

Geologic Time

The exceptionally long period of time dealt with by geology; the time extending from the formation of Earth to the beginning of written history.

Precambrian

The long span of time before the Phanerozoic Eon, making up around 88% of Earth's history, marked by the formation of the earth and early life forms.