A Medium of Exchange Is an Item That People Use

question 61

True/False

A medium of exchange is an item that people use specifically to transfer purchasing power from the present to the future.

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Definitions:

National Guard

A reserve military force that can be activated by the state or federal government for domestic emergencies or overseas missions.

Motion-detection Camera

A camera equipped with sensors that can detect movement in its field of view, triggering recording or alerting the user.

Smart Car

A vehicle embedded with advanced technology that offers greater efficiency, safety, and connectivity compared to traditional cars.

Navigation App

A mobile or web application that provides directions, optimal routes, and other travel information to users.