Which Statement Concerning the Function of Money Is Incorrect

question 49

Multiple Choice

Which statement concerning the function of money is incorrect?

• A) Money is used as a yardstick for measuring the values of goods and services.
• B) Money helps people avoid the problem of lack of a double coincidence of wants.
• C) Money helps people save time in purchasing goods and services.
• D) Money does not lose value when inflation occurs.

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Definitions:

Microelectrode

A tiny electrode used to record electrical signals from single neurons.

Millivolts

A unit of electric potential equal to one thousandth of a volt.

Refractory Period

A period immediately following stimulation during which a nerve or muscle is unresponsive to further stimulation.

Action Potential

A brief electrical impulse that enables the transmission of signals along the neuron, crucial for nerve impulse propagation.