The Functions of Money Are

question 171

Multiple Choice

The functions of money are

• A) interest rates, prices and output.
• B) M1, M2 or currency.
• C) currency, deposits, and traveler's checks.
• D) medium of exchange, unit of account, and store of value.

---

Definitions:

Parabolic Shape

The shape of the graph of a quadratic function, resembling a curve that opens upwards or downwards.

Linearity

The attribute of a relationship or function that can be graphically represented as a straight line, indicating a constant rate of change.

P-Value

The probability of obtaining test results at least as extreme as the results actually observed, under the assumption that the null hypothesis is correct.