Money Functions as a Medium of Exchange by Eliminating the Need

question 20

True/False

Money functions as a medium of exchange by eliminating the need for a coincidence of wants.

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Definitions:

Galvanometer

A meter movement requiring microamperes to cause a full-scale deflection. Many galvanometers have a zero center, which permits them to measure both positive and negative values.

Digital Ammeter

An instrument used to measure electric current flow in a circuit, displaying the value digitally for accuracy and ease of reading.

Voltmeter

An instrument used for measuring the electrical potential difference between two points in an electric circuit.

Clamp-on Ammeter

A measuring instrument that can measure the current flow in a conductor without requiring any physical contact or disconnecting the circuit.