The Primary Functions of Money Are

question 71

Multiple Choice

The primary functions of money are:

• A)velocity, liquidity and transactions.
• B)speculative demand, measure of value and precautionary demand.
• C)a medium of exchange, a measure of value and a store of value.
• D)a store of value, heterogeneity and a medium of exchange.
• E)currency value, fiat value and accepted value.

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Definitions:

Workaholic

A person who compulsively works excessively hard and long hours, often to the detriment of their personal life.

Control of Projects

The process of planning, organizing, directing, and monitoring resources and tasks to achieve the specific goals of projects.

Concentrating

Focusing one's attention or mental effort on a specific object, task, or activity to the exclusion of everything else.

Self-Discipline

The ability to control one's feelings and overcome one's weaknesses; the ability to pursue what one thinks is right despite temptations to abandon it.