Which of the Following Is an Example of Money Functioning

question 413

Multiple Choice

Which of the following is an example of money functioning as a unit of account?

• A) Bank of America charging 7 percent on an auto loan.
• B) Pepsi charging $1 for a can of soda.
• C) eBay using PayPal as a method of payment.
• D) Your writing a check at Target to pay for new clothes.

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Definitions:

Interface

The point of interaction between hardware, software, or between a user and a computer system where exchanges occur.

Output

The final product, result, or amount produced by a process, system, or activity.

People

Refers to individuals or groups involved in a specific context or situation, such as employees within an organization or customers in a business setting.

Knowledge Workers

Employees valued for their ability to interpret and analyze information, often contributing to innovation and strategic planning in a business.